Iran-Israel war & US bombings: Should possible Strait of Hormuz closure worry India about its oil supply? Explained in 10 points
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.
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..
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..
Multiple explosions rocked Iran’s Bushehr city—home to a key nuclear power plant—after reported Israeli airstrikes. Al Arabiya confirmed the Bushehr International Airport was struck, while images..
Sunday, 22 June 2025 ()
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![Iran CLOSES Global Oil Chokehold? Hormuz Closure Approved After Us-Israel Strikes | What Next? [Video]](https://video.newsserve.net/300/v/20250623/1414528592-Iran-CLOSES-Global-Oil-Chokehold-Hormuz-Closure-Approved.jpg)
![VIDEO: Israel Strikes Iran’s Bushehr City, Airport | Nuclear Site ROCKED By Multiple Blasts [Video]](https://video.newsserve.net/300/v/20250622/1414509984-VIDEO-Israel-Strikes-Iran-Bushehr-City-Airport.jpg)
