OIL, MARKETS & WAR: THE WORLD IS ON THE EDGE
Автор: NEWS9 Live
Загружено: 2026-03-03
Просмотров: 65
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US and Israeli strikes on Iran and Tehran’s sweeping retaliation have shaken global energy markets and rattled economies worldwide — with fears of a prolonged conflict pushing oil prices sharply higher and fueling volatility across global markets.
Analysts warn this isn’t just about missiles and nukes — it’s about oil flows through the vital Strait of Hormuz, which handles roughly 20% of global crude and is now effectively at risk of closure.
With crude surging toward multi-month highs and LNG also spiking, supply chain disruption, freight costs, and inflation expectations are already being repriced
What could this mean for India?
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