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Global oil markets are under pressure as Brent crude has surged past $100 per barrel for the first time since 2022 amid the ongoing Middle East conflict. The closure of the Strait of Hormuz — a vital artery for nearly one-fifth of global oil shipments — has triggered fears of a major supply deficit, while India closely monitors the impact on energy security and trade routes. #oil #middleeast #energy #india #worldnews #economy Times Now - Times Now News channel examines news with in-depth analysis. We provide much more than the latest news and breaking news of the day. Times Network houses upscale television channels. Times Network takes the lead with its ground-breaking innovation and disruption of a new content category. The Times Network channels, which have a global footprint in 100 countries, inform, entertain, and engage viewers of all ages with fascinating and intriguing content, news, and information. Subscribe to our channel - https://bit.ly/SubscribeToTimesNow Check out our website: https://www.timesnownews.com Times Now News App : https://bit.ly/3AD5qqN Connect with us on our social media handles: Facebook: / timesnow Twitter: / timesnow Instagram: / timesnow Subscribe to our other network channels: Times Now Navbharat: https://bit.ly/SubscribeToTNNavbharat Zoom: https://bit.ly/SubscribeToZoom Mirror Now: https://bit.ly/SubscribeToMirrorNow ET Now: https://bit.ly/SubscribeToETNow TN+: https://bit.ly/SubscribeToTNPlus Chapters: 0:00 Surge in Oil Prices: Impact of Middle East Conflict 1:19 US and Israel's Strategic Moves: Oil Facility Strikes 2:31 India's Energy Security: Government Response to Rising Oil Prices 4:25 Economic Implications: Trade and Supply Chain Concerns in the Gulf