Hormuz Closure Sparks Energy Shock: What It Means For India’s Economy

The Strait of Hormuz, just 33 kilometres wide at its narrowest point, is a vital artery for global energy trade. Now, escalating U.S.–Israel–Iran tensions have disrupted traffic through the strait, with tankers damaged and vessels stranded. Nearly one-fifth of the world’s crude oil and a significant share of LNG supplies pass through these waters. For India, the stakes are high: about 50% of its crude imports and most LPG shipments transit Hormuz. While short-term reserves offer a buffer, a prolonged disruption could drive oil toward $100 per barrel, stoke inflation, strain the rupee and raise fuel and cooking gas costs nationwide. #StraitOfHormuz #OilShock #IndiaEnergyCrisis #GlobalOil #HormuzBlockade #MiddleEastConflict #EnergySecurity #LNGCrisis #FuelPrices #InflationAlert #Geopolitics #CrudeOil #IndiaEconomy ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday Twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/