India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge Ratings
- Posted on July 29, 2026
- By Business News Today
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- 1 min read
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India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge Ratings
India faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per barrel. This scenario threatens inflation and the Indian rupee's stability. Smaller businesses are particularly exposed to rising costs and liquidity stress. Global supply chains and India's trade balance would experience severe impacts.
