The Strait of Hormuz Tightrope: India's Energy Security Hangs by a Thread The latest escalation in tensions between the US and Iran has sent crude oil prices soaring, but for India, the real concern lies not just in the price tag, but in its very ability to import the fuel it needs.
With nearly 40% of its crude oil imports, 60% of its LNG imports, and a staggering 90% of its LPG supplies passing through this strategic waterway, India's dependence on the Strait of Hormuz is staggering.
US President Donald Trump's recent statement that "the ceasefire between Iran and the US was over" has left many wondering if we're on the cusp of another round of hostilities.