Nightmare scenario: How Iran, hit by US & Israel strikes, may choke world’s oil supply via Strait of Hormuz – explained – Times of India

Nightmare scenario: How Iran, hit by US & Israel strikes, may choke world’s oil supply via Strait of Hormuz – explained – Times of India

Iran’s strategic position along the Hormuz coastline provides various retaliatory possibilities against US strikes. (AI image) Will Iran choke the global oil supply by closing the Strait of Hormuz? Recent US military actions against Iran’s nuclear sites have highlighted Tehran’s potential to disrupt oil commerce, particularly via the strategically vital …

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‘Highest in two years’: India increases oil imports from Russia, US amidst Iran-Israel war; why it’s about strategic positioning, not panic – Times of India

‘Highest in two years’: India increases oil imports from Russia, US amidst Iran-Israel war; why it’s about strategic positioning, not panic – Times of India

Indian refiners are expected to purchase 2-2.2 million barrels per day of Russian crude oil in June, reaching a two-year peak. (AI image) Iran-Israel conflict impact: India has increased its Russian oil procurement in June, with import volumes surpassing the combined purchases from Saudi Arabia and Iraq, amidst market instability …

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