Iran War & Oil Prices: What Should India Watch Out For? скачать в хорошем качестве

Iran War & Oil Prices: What Should India Watch Out For?

India is unlikely to face any immediate physical disruption in oil supplies despite escalating tensions around Iran and the Strait of Hormuz, but higher crude prices and broader macroeconomic pressures are expected in the near term, officials and analysts said. Indian refiners currently hold sufficient crude inventories to meet at least 10 days of requirements, with fuel stocks covering another 5-7 days, cushioning the impact of any short-duration disruption. Even as rapidly unfolding developments in West Asia raise geopolitical uncertainty, contingency plans - including tapping diversified suppliers in US, West Africa, Latin America and even Russia as well as strategic reserves - are in place, they said. The Strait of Hormuz, one of the world's most critical energy chokepoints, handles nearly 20 per cent of global petroleum liquids and about a fifth of global LNG shipments. About 2.5-2.7 million barrels per day, or roughly 50 per cent of India's crude imports, transit through the route, largely sourced from Iraq, Saudi Arabia, the UAE and Kuwait. #Israel #Iran #TehranBombing #UsIranTension #IsraelIranConflict #IsraelAttacksIran #IsraelIran #IranAttack #NDTVWorld #WorldNews About NDTV (English news channel): NDTV is India's Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world. Watch big political debates, exclusive entertainment interviews, news bulletins, current affairs, talk shows and tech reviews with our 24x7 news live streams, packed with credible information across all platforms: TV, Internet and Mobile. For Latest Videos, click here:    • Latest News & Updates | NDTV 24x7   To watch NDTV 24x7's premium shows listed together for your easy access, click here:    / @ndtv   For Ground Reports and Analysis from NDTV's reporters and anchors of day's top news stories, click here:    • Reporter Vlogs   For News in Shorts, click here:    • News In Shorts   Subscribe to our channel to get latest news updates. Follow us on Social Media: WhatsApp: https://whatsapp.com/channel/0029Va4l... Facebook:   / ndtv   Twitter:   / ndtv   Instagram:   / ndtv   Telegram Messenger: https://t.me/NDTVbot/?start=hi Follow us on Google News for Breaking and Latest News Updates: NDTV: https://bit.ly/3e5ngbP NDTV India (Hindi News): https://bit.ly/3mNVwMY Download NDTV Mobile Apps: http://www.ndtv.com/page/apps #BreakingNews #LatestNews #TodayNews #News #IndiaNews #CurrentAffairs #NDTV