India, Aug. 3 -- US-Israel-Iran War Latest Live News: The Strait of Hormuz, one of the busiest strategic waterways around the world, is again at the heart of the geopolitical rivalry. According to CENTCOM, another nine vessels have been re-routed in the last 24 hours, bringing the total number of re-routed vessels to 44 from mid-July when the restrictions were tightened. This clearly illustrates the rising significance of the US-Israel-Iran dispute on international trade.

US-Israel-Iran War Latest Live News: Hormuz Remains a Critical Global Chokepoint

About 20 million barrels of crude oil, accounting for 20% of worldwide use of oil products, go through the Strait of Hormuz each day while in addition to this, almost one-third of internat...