US-Iran war sends shockwaves! Most crude via Strait of Hormuz heads to China, India - how vulnerable are they after closure?

Mar 4, 2026 - 17:00
US-Iran war sends shockwaves! Most crude via Strait of Hormuz heads to China, India - how vulnerable are they after closure?

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On the oil, LPG, LNG and trade front, India is vulnerable to the impact of Strait of Hormuz closure. A big chunk of the oil that flows through the Strait of Hormuz every day is headed to China and India.

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