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Iran-Israel war: A caution for India as Iran's one action can shoot up oil and LNG prices

India-Israel war: Oil and LNG prices could see a notable rise if Iran opts to block the Strait of Hormuz, a key route for importing crude oil from Saudi Arabia , Iraq , and UAE . Analysts have pointed out that this could lead to increased inflation. The conflict between Iran and Israel has escalated recently, with Iran launching drone and rocket attacks on Israel, prompting Israel to respond with missile strikes. Crude oil prices have hovered around USD 90 per barrel amid the tensions. While efforts to de-escalate the situation are underway, Motilal Oswal Financial Services has warned of potential price hikes in oil and LNG if Iran takes steps to restrict the flow of oil through the Strait of Hormuz. ....

Red Sea , Djibouti General , Saudi Arabia , Hardik Shah , Motilal Oswal , Motilal Oswal Financial Services , Saudi Arabia , Red Sea , Careedge Ratings , Middle East , India Oil Prices , Iran Israel Conflict , Oil Prices , Strait Of Hormuz , Rlng Prices , Crude Oil , Middle East Tensions , India Oil Price Risks , Iran Israel Crude Prices , Crude Prices ,

A caution for India as Iran's one action can shoot up oil and LNG prices

India-Israel war: Oil and LNG prices could see a notable rise if Iran opts to block the Strait of Hormuz, a key route for importing crude oil from Saudi Arabia, Iraq, and UAE. Analysts have pointed out that this could lead to increased inflation. The conflict between Iran and Israel has escalated recently, with Iran launching drone and rocket attacks on Israel, prompting Israel to respond with missile strikes. Crude oil prices have hovered around USD 90 per barrel amid the tensions. While efforts to de-escalate the situation are underway, Motilal Oswal Financial Services has warned of potential price hikes in oil and LNG if Iran takes steps to restrict the flow of oil through the Strait of Hormuz. ....

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What if Tehran blocks Strait of Hormuz - Rediff.com Business

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict.

The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile.

Crude oil prices have hovered around USD 90 per barrel since the conflict. ....

Red Sea , Djibouti General , Saudi Arabia , Hardik Shah , Motilal Oswal Financial Services , Careedge Ratings , Middle East , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,

Iran-Israel conflict | Iran-Israel conflict: Oil, LNG prices to shoot up if Tehran blocks Strait of Hormuz

Iran-Israel conflict | Iran-Israel conflict: Oil, LNG prices to shoot up if Tehran blocks Strait of Hormuz
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Saudi Arabia , Red Sea , Djibouti General , Hardik Shah , Motilal Oswal Financial Services , Careedge Ratings , Middle East ,