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March 13, 2026, 07:17 PM - 4 min read
Nearly 20 per cent of the world’s oil and gas passes through this narrow waterway. Any disruption in shipments can quickly affect global fuel markets. Countries that depend heavily on imported energy, including India, may experience rising LPG prices or supply pressures if the situation worsens.
Read moreMarch 7, 2026, 06:35 PM - 4 min read
Meanwhile, as learnt from the government sources, the citizens will get a relief since an increase in petrol and diesel prices is not in the offing as state-owned oil firms have enough financial muscle to absorb the warranted increase.
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