The Strait of Hormuz closure has been responsible for global crude oil prices surging and resulting in an economic shock for the world. India, dependent on imports for almost 90% of its needs, has seen the impact.
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‘Let the oil flow’: What Trump’s peace deal with Iran, Strait of Hormuz opening means for India
- by The News Vista
- June 15, 2026
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- Less than a minute
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- 8 hours ago

