India braces for Hormuz shock, oil costs may rise
- Posted on February 23, 2026
- By Financial Express
- 2 Views
India braces for Hormuz shock, oil costs may rise
Rising Iran-US tensions have pushed over 52% of India’s crude imports through the Strait of Hormuz, heightening energy security risks. Analysts say refiners may pivot back to Russian oil if Gulf supplies face disruption amid escalating geopolitical uncertainty.
