India, April 19 -- Tensions between Iran and the United States have pushed global shipping into crisis, with the Strait of Hormuz witnessing a near-complete halt in vessel movement. The key oil transit route, responsible for a significant share of global energy supply, has become the centre of a geopolitical standoff.
Shipping companies now face uncertainty, delays, and rising risks as both sides impose restrictions. The situation has triggered volatility in global oil markets and disrupted supply chains. With no immediate breakthrough in talks, the crisis continues to escalate.
Industry experts warn that prolonged disruption could have far-reaching economic consequences. The world is closely watching how the situation unfolds.
US-Isra...
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