Get In Touch

Iran to Shut Key Oil Route After US Attack!

    Share on

Following US airstrikes on three Iranian nuclear facilities, Iran is reportedly planning to close the Strait of Hormuz, a vital oil shipping route, according to Iranian media.

The strait, a 33-km-wide chokepoint connecting the Persian Gulf to the Arabian Sea, handles a fifth of global oil and gas supply. Its narrow 3-km shipping lanes are vulnerable to disruptions, impacting exports from Saudi Arabia, Iraq, UAE, Qatar, Iran, and Kuwait.

While the West once bore the risk, China and Asia now face significant exposure. India, importing 2 million barrels daily through the strait, remains resilient due to diversified sources like Russia, the US, and Brazil.

Qatar, India’s main LNG supplier, bypasses the strait. However, analysts predict a near-term oil price surge to $80 per barrel amid heightened tensions in this critical energy corridor.

Post a comment

Your email address will not be published. Required fields are marked *

Iran's Supreme leader breaks silence post-war , declares a win!

Iran's Supreme leader breaks silence post-war , declares a win!

Iran's Supreme Leader Khamenei declared victory over Israel in his first public statement since the...
Trump drops missiles, Iran drops the truth says "nuclear sites badly damaged."

Trump drops missiles, Iran drops the truth says "nuclear sites...

Iran confirms its nuclear facilities were badly damaged by recent U.S. missile strikes, echoing Trump’s...
"Run to Daddy": Iran slams Trump over Khamenei assassination claim!

"Run to Daddy": Iran slams Trump over Khamenei assassination claim!

Iran hits back at Donald Trump after his assassination remarks, mocking Israel and accusing the...
Why the U.S. stands firmly with Israel?

Why the U.S. stands firmly with Israel?

The U.S.-Israel alliance goes beyond diplomacy - rooted in shared values, strategic interests, and billions...
India on edge: Govt scrambles to shield trade from Iran-Israel conflict fallout!

India on edge: Govt scrambles to shield trade from Iran-Israel...

Indian government to meet exporters and trade bodies as fears grow over rising freight rates...
Israel-Iran Conflict Escalates as Nuclear Sites Attacked Again!

Israel-Iran Conflict Escalates as Nuclear Sites Attacked Again!

Israel and U.S. launched strikes on Iran’s nuclear sites, Iran vows retaliation while Russia condemns...

Login

Don’t you have an account ?

Register