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Searched Tag: non oil deficit
Why does Strait of Hormuz matter?

Why does Strait of Hormuz matter?

July 13, 2025, 02:41 PM - 5 min read

The Strait of Hormuz is a choke point at the entrance to the Persian Gulf. It is used to transport about 20 per cent of global daily oil consumption.

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Trade deficit widens in Jan as non-oil, gold deficit ascends

Trade deficit widens in Jan as non-oil, gold deficit ascends

February 19, 2025, 10:22 AM - 3 min read

India's merchandise trade deficit surged to USD 22.99 billion in January 2025, exceeding market expectations of USD 21.0 billion.

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