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Iran-Israel war & US bombings: Should possible Strait of Hormuz closure worry India about its oil supply? Explained in 10 points

IndiaTimes Sunday, 22 June 2025
Amidst US-Iran tensions and potential Strait of Hormuz closure, India, importing 2 million bpd through it, feels secure. Diversified sources like Russia, the US, and Brazil offer alternatives. Gas supplies remain unaffected. While near-term oil prices may surge to $80/barrel, India's strategic reserves and alternative sourcing strategies provide a buffer against disruptions, ensuring energy security despite global volatility.
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Video Credit: Oneindia - Published
News video: BREAKING: Iran Votes To Close Strait Of Hormuz In Retaliation To U.S Strikes on Nuclear Facilities

BREAKING: Iran Votes To Close Strait Of Hormuz In Retaliation To U.S Strikes on Nuclear Facilities 03:37

 In a bold and unanimous move, Iran’s Parliament has approved the decision to close the strategic Strait of Hormuz — a key chokepoint for global oil shipments — in response to escalating U.S. military aggression. The resolution now awaits approval from Iran’s National Security Council. If...

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