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Amid Israel-Iran war, will inflation in India rise if Tehran closes Strait of Hormuz? Report claims...

DNA Monday, 23 June 2025
If global oil prices continue to rise, petrol, diesel, and LPG prices in India may also increase. This could lead to a fresh surge in inflation.
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Video Credit: Oneindia - Published
News video: India calls for IMMEDIATE DE-ESCALATION as War Intensifies | PM Modi Speaks to Iran Prez Pezeshkian

India calls for IMMEDIATE DE-ESCALATION as War Intensifies | PM Modi Speaks to Iran Prez Pezeshkian 03:22

India has voiced deep concern over the escalating Iran-Israel war following U.S. airstrikes on Iran’s nuclear sites. PM Narendra Modi spoke with Iranian President Pezeshkian, urging de-escalation and a return to diplomacy. With strategic interests in Chabahar and heavy dependence on Gulf oil, India...

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Israel Israel Country in West Asia

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Tehran Tehran Capital and largest city of Iran

Iran, Russia, China Unite in Nuclear Talks—US Sidelined, EU Threatens Sanctions Showdown in Istanbul [Video]

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Strait of Hormuz Strait of Hormuz Strait between the Gulf of Oman and the Persian Gulf

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Credit: euronews (in English)    Duration: 01:30Published
World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold [Video]

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Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets, with threats to close the Strait of Hormuz looming large. China condemned the attacks, calling U.S. credibility “damaged.” Investors fear disruptions to global oil flow, with Brent briefly spiking to $81.40. Analysts say the mere threat of retaliation could keep prices volatile and inflated. Iran, OPEC’s third-largest producer, now holds global energy markets at the edge of uncertainty. #IranOil #StraitOfHormuz #OilPriceSurge #IranUSConflict #IsraelIranTensions #USIsraelIran #MiddleEastCrisis #OilMarketVolatility #TehranResponds #OilSupplyFears #BrentCrude #TrumpIranStrikes #IranRetaliation #ChinaSlamsUS #GeopoliticalRisk #OPECWatch #IranianResistance #HormuzClosureThreat #OilDisruption #IranStrikesBack ~ED.420~HT.408~

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Credit: Oneindia    Duration: 03:05Published
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