Amid Iran's Hormuz uncertainty, oil market faces disruption risk, but India still gets its supply from...; know how
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.
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...
How crucial is the strait of Hormuz to the global energy market?
Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's closure,..
Credit: euronews (in English) Duration: 01:30Published
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,..
U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that they’re “playing..
Tensions between Iran and Israel have renewed fears of a closure of the Strait of Hormuz, a vital energy artery for global oil and LNG trade. A blockade could... IndiaTimes