US remains a key stabiliser in middle east tensions, says former Indian foreign secretary
- Posted on October 28, 2024
- By Business News Today
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US remains a key stabiliser in middle east tensions, says former Indian foreign secretary
India has enough oil reserves to last for 12 days and additional supplies for 18 days amid rising Middle East tensions. A prolonged disruption in the Strait of Hormuz could affect the global economy, especially Indian markets. The U.S. plays a crucial role in stabilizing the area, while India's approach remains balanced.