Pakyong, March 3 -- As tensions rise between Israel, the United States, and Iran, global focus has sharply shifted to one of the world's most critical energy chokepoints, the Strait of Hormuz. This narrow maritime corridor has once again become the center of geopolitical anxiety, raising concerns about global oil markets and energy security.
India gets nearly 50% of its crude oil imports through the Strait of Hormuz, situated along Iran's southern coastline. However, due to the ongoing conflict and reported blockades in the region, shipping movements through this key route have slowed significantly. Currently, reportedly India is estimated to have a Strategic Petroleum Reserve enough for about 25 days, which raises concerns about supply ...
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