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Amid Iran's Hormuz uncertainty, oil market faces disruption risk, but India still gets its supply from...; know how

DNA Monday, 23 June 2025 ()
With Iran's Parliament approving a potential closure of the Strait of Hormuz following US strikes on its nuclear sites, energy markets face rising disruption risk at the world's most critical oil artery.
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Video Credit: Oneindia - Published
News video: Iran CLOSES Global Oil Chokehold? Hormuz Closure Approved After Us-Israel Strikes | What Next?

Iran CLOSES Global Oil Chokehold? Hormuz Closure Approved After Us-Israel Strikes | What Next? 03:37

Iran’s parliament has voted to close the Strait of Hormuz, a vital oil route carrying 20% of global crude. Though the final decision awaits the Supreme National Security Council, the move is seen as retaliation to U.S.-Israel attacks on Iranian nuclear sites. A closure would rattle global oil...

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

United Nations in emergency mode: U.S. missiles hit Iran’s nuclear core | Fordow, Isfahan destroyed [Video]

United Nations in emergency mode: U.S. missiles hit Iran’s nuclear core | Fordow, Isfahan destroyed

On June 21, the U.S. attacked Iran’s key nuclear facilities at Fordow, Natanz, and Isfahan. Iran confirmed damage but said nuclear materials were moved beforehand with no leaks detected. The UN called this a “dangerous escalation”, urging all sides to de-escalate and seek diplomacy. In retaliation, Iran’s IRGC fired over 40 missiles at Israel, injuring many. Israel struck back with air raids across Iran, including Tehran and Isfahan. Over 400 Iranians and 25 Israelis have died so far. Iran’s parliament supports closing the Strait of Hormuz, a crucial oil route, risking global energy disruption. Militias allied with Iran have threatened attacks if the U.S. intervenes further, raising fears of wider regional conflict. Will diplomacy prevail or spiral into full-scale war? #Iran #Israel #USStrike #Fordow #Isfahan #UNSecurityCouncil #MiddleEast #BreakingNews #USA #NuclearStrike #UNSecurityCouncil #Natanz #BreakingNews #WorldWar3 #MiddleEastTensions #IRGC #StraitOfHormuz #OneIndia Also Read African Union Chairperson Candidates Advocate for Permanent UN Security Council Representation :: https://www.oneindia.com/international/african-union-chairperson-candidates-advocate-permanent-un-security-council-seats-011-4015151.html?ref=DMDesc India's Inclusion in UN Security Council Advocated by Lord Rami Ranger for Global Stability :: https://www.oneindia.com/india/india-needs-seat-in-un-security-council-lord-ranger-011-3968659.html?ref=DMDesc UN Security Council Unanimously Expands Arms Embargo on Haiti to Combat Gang Violence :: https://www.oneindia.com/international/un-security-council-expands-arms-embargo-haiti-011-3964299.html?ref=DMDesc

Credit: Oneindia    Duration: 06:23Published

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

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.
DNA

Morning news wrap: Iran's Khamenei vows 'punishment' for Israel'; India says Strait of Hormuz closure won't disrupt oil supply & more

Ayatollah Ali Khamenei warned Israel of punishment. India's oil minister assured supply security despite Strait of Hormuz threats. India-US trade deal faces..
IndiaTimes

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