⛽ Strait of Hormuz Crisis: Oil Supply at Risk Amid Israel-Iran Tensions 🚢
Strait of Hormuz Crisis: Oil Supply at Risk Amid Israel-Iran Tensions

The Strait of Hormuzwhere 20% of the world’s oil passes—is heating up as Israel-Iran tensions rise. Any block here could spike your petrol price overnight. India imports 85% of its oil, and this narrow sea route is a lifeline.

  • The Strait of Hormuz connects the Gulf to global oil buyers (especially Asia)

  • Iran threatened to block oil flow during the conflict

  • Stock markets jittery, oil prices rising

  • India issued evacuation advisory for citizens in Tehran

  • Chabahar port, Indian projects also at risk

👉 Why this matters: Rising oil prices can hit your wallet, raise inflation, and tank the rupee. No cap.
🔗 Source: India Today


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🖋️ Written and summarized by our editorial team using AI assistance and human review.
📚 Sources: Market insights on the internet and other verified media platforms.
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