Jitendra#India and #IranWar
As tensions escalate between the #US, #Israel and #Iran, the implications for #India are immediate and significant — particularly with 20–25% of global crude flowing through the Strait of Hormuz and nearly 90% of India’s oil import dependence
Shipping insurance costs have already jumped 50% overnight. Beyond oil, risks extend to #basmati rice exports, #tea trade, clean energy supply chains, and broader macroeconomic stability. #IranWar #India #Crudeoil #StraitofHormuz
As tensions escalate between the #US, #Israel and #Iran, the implications for #India are immediate and significant — particularly with 20–25% of global crude flowing through the Strait of Hormuz and nearly 90% of India’s oil import dependence
Shipping insurance costs have already jumped 50% overnight. Beyond oil, risks extend to #basmati rice exports, #tea trade, clean energy supply chains, and broader macroeconomic stability. #IranWar #India #Crudeoil #StraitofHormuz
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