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As Strait of Hormuz becomes a global flashpoint in Iran-Israel conflict, India’s oil lifeline hangs by a thread
This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply disruptions. “The Strait of Hormuz is a chokepoint for nearly 20% of global oil flows, and any threat to its safety adds a geopolitical risk premium,” she added.
As military hostilities keep worsening between Iran and Israel, Tehran is threatening to close the Strait of Hormuz. The strategic waterway is the ‘world’s most important oil transit chokepoint’ — rou ...
Peter Tirschwell from S&P Global Market Intelligence discusses the potential disruption to global shipping as a result of ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
Financial Times analysis of ship-tracking data shows there has been no significant impact on the movement of vessels through the critical Strait of Hormuz. Homayoun Falakshahi, head of crude oil at ...
India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...
Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...
Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...
The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.
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