Escalating Israel‑Iran conflict risks closure of the Strait of Hormuz, through which 20 million barrels of oil transit daily. Experts warn oil prices could double, hurting India’s economy, trade, and rupee value.

Escalating Israel‑Iran conflict risks closure of the Strait of Hormuz, through which 20 million barrels of oil transit daily. Experts warn oil prices could double, hurting India’s economy, trade, and rupee value.