The Headlines – Iran-Israel conflict: How will blocking of Strait of Hormuz hit India? Indian refiners look at alternative routes for fuel supply

Amid escalating Iran-Israel tensions, India is proactively exploring alternative energy sources, particularly from West Africa, to safeguard its fuel supply. Contingency plans are being formulated due to potential disruptions in the Strait of Hormuz, a critical global energy transit point. While India possesses significant storage capacity, concerns remain about potential price spikes and supply crunches affecting the global market.

The Headlines – Latest Business News Today: Stock Markets, Financial News, India Business & World Business News – Read More