The Strait of Hormuz—where 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.
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The Strait of Hormuz connects the Gulf to global oil buyers (especially Asia)
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Iran threatened to block oil flow during the conflict
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Stock markets jittery, oil prices rising
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India issued evacuation advisory for citizens in Tehran
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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
Curated by Articoli News
🖋️ Written and summarized by our editorial team using AI assistance and human review.
📚 Sources: Market insights on the internet and other verified media platforms.
✅ We credit all sources and focus on accurate, simplified, and growth-driven news only.
🙋 Have a story or opinion? Submit your article or comment below.🔍
👤 Edited & Approved by Debraj Paul, Founder of Articoli News.
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