Iran moves to shut Strait of Hormuz: What it means for India and the world

Iran moves to shut Strait of Hormuz: What it means for India and the world

Iran’s threat to close the Strait of Hormuz after US airstrikes on its nuclear sites could trigger a global oil shock, disrupt trade routes and push prices sky-high. With over 60% of its crude coming from the Gulf, India faces serious energy and economic risks.

Strait of Hormuz, Makran region in southern Iran and southwestern Pakistan, Gulf of Oman and the northern coast of Oman as seen from space. (Photo by NASA Earth Observatory/ AFP)