Categories: Business

US-Iran peace deal: What opening of Strait of Hormuz would mean for India’s crude oil supplies

Prior to the outbreak of the conflict, the Gulf region supplied roughly 40% of India’s crude oil imports. After the war began on February 28, inflows from the region declined sharply.

The News Vista

Share
Published by
The News Vista

Recent Posts

6 years after NDA exit, Punjab’s SAD backs delimitation push

Akali Dal president Sukhbir Singh Badal now supports the women's reservation law rollout. This move…

46 minutes ago

IN-SPACe moves to privatise operations of Rs 986 cr spaceport

IN-SPACe is actively on the lookout for private partners to operate Isro's new small satellite…

2 hours ago

Two memorials of 1962 war heroes figure in 27 places formally named in Arunachal

The Union government has formally named twenty-seven locations in Arunachal Pradesh. These places include memorials…

2 hours ago

IAF wing commander ‘honey-trapped’ by Pak operatives; charged for alleged info leak

A Wing Commander in the Indian Air Force is currently under serious accusations of leaking…

2 hours ago

Science min dedicates to nation first-of-its-kind ‘eco-educational hub’ in Lucknow

Union science minister Jitendra Singh launched the CSIR-NBRI eco-educational hub in Lucknow, a dynamic facility…

3 hours ago

Restore J&K statehood, says human rights forum

An advocacy group for human rights calls for the restoration of statehood and the repeal…

3 hours ago