India is exposed to the Iran-U.S. war mainly through energy prices, Strait of Hormuz shipping risk, and the cost of importing crude oil, not through direct inv…
The overthrow of the Shah cut Iranian oil exports and roughly doubled global crude prices within a year. Import-dependent India faced severe forex pressure, establishing…
Washington's exit from the JCPOA and reimposed sanctions forced India to halt Iranian crude imports by mid-2019 after its waiver was revoked, pushing refiners toward cos…
U.S.-Israeli strikes on February 28, 2026 opened the current war; Hormuz shipping restrictions began within hours, starting the price and rupee pressure India still face…
A domestic 14.2kg LPG cylinder rose Rs 60, explicitly linked by the government to Hormuz-driven supply disruption, one of the most direct household costs in the entire c…
India cut petrol and diesel import duties on March 27 to shield consumers, while Russia's share of India's crude imports jumped toward 50% as Middle East-origin supply f…
Indian Oil, BPCL and HPCL raised petrol and diesel by Rs 3/litre on May 15 — the first such hike in over four years, showing duty cuts alone could not fully absorb the s…
War-risk insurance premiums for Gulf-transiting tankers rose from roughly 1-3% to 7.5-10% of hull value, and freight rates multiplied, raising landed costs independent o…
A 60-day U.S.-Iran negotiating window expired August 17 with no deal. Brent rose to near $91.86/barrel, the rupee traded near Rs 95.7/USD, and July CPI hit a 19-month hi…
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