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India • Jun 15, 2025

Middle-East conflict: Potential energy crisis for India

Rising conflict between Israel and Iran is posing potential risks to India's energy security. Since India depends on the Middle East for most of its oil and nearly half its natural gas, any trouble in this region—especially around the Strait of Hormuz, a key shipping route—can quickly become a big deal.

TL;DR

Iran blocking Strait of Hormuz could send prices soaring

If Iran blocks the Strait of Hormuz (something it's threatened in response to Israel's actions), it could mess with India's fuel supply and send prices soaring. Even though Oil Minister Hardeep Singh Puri says we're covered for now, experts warn that higher fuel costs can impact everything from daily commutes to prices of goods, possibly pushing up inflation and affecting the economy overall.