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Searched Tag: iran israel war will impact india s trade
India imports about 40 per cent of all its oil and about half of its gas through the narrow Strait of Hormuz that lies between Iran to the north and Oman and the United Arab Emirates to the south

India stocks up on oil as Iran-Israel war intensifies

June 22, 2025, 03:14 PM - 6 min read

Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June – the highest in the last two years – as Iran threatens closure of the Strait of Hormuz

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A ‘well-oiled’ economy in jeopardy

June 19, 2025, 04:18 PM - 4 min read

Escalating tensions in the Middle East have already sent oil prices soaring. Will India’s ‘resilient’ economy be able to withstand the tremors in global markets and disruption in oil supply routes?

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Oil prices rise, markets on edge as Tehran asked to evacuate

June 17, 2025, 03:18 PM - 4 min read

Later this week, the Federal Reserve is set to discuss whether to lower or raise interest rates, with the decision due on Wednesday

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India's exports to Israel have fallen sharply to USD 2.1 billion in 2024-25 from USD 4.5 billion in 2023-24

Iran-Israel war will impact India's trade, fear exporters

June 15, 2025, 11:12 PM - 5 min read

The escalating war will restrict the movement of merchant ships through the Strait of Hormuz and the Red Sea, leading to increased freight rates. Crude oil and LPG supply may also be impacted

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