Stock markets in India are expected to remain volatile this week, with analysts saying that developments in the ongoing conflict in West Asia and movements in crude oil prices will be the most important factors influencing market direction.  Experts say investors will closely watch global events, particularly the impact of tensions in the Middle East on oil prices and global financial markets.Global oil prices have already surged due to the conflict. The international oil benchmark Brent Crude jumped 8.52 percent to about $92.69 per barrel. Higher crude prices are a major concern for India because the country imports a large portion of its oil needs. A sharp rise in energy prices can increase inflation and put pressure on the economy. Market experts say that if oil prices remain high, it could affect investor confidence and increase volatility in the stock market. Apart from global developments, investors will also monitor important economic data. According to Ajit Mishra of Religare Broking Ltd, the Consumer Price Index (CPI) inflation data scheduled to be released on March 12 will be closely watched. Inflation numbers will give an indication of how rising oil prices are affecting the overall cost of living in the country.