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The Economic Times

Economy / The Economic Times

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45-Day Warning: How long before India's oil tanks run dry if Hormuz shuts?

Iran-Israel War: India holds substantial oil reserves to manage short-term supply disruptions. However, a prolonged closure of the Strait of Hormuz poses risks. This could lead to immediate price increases and a higher import bill for the nation. Diversification to other suppliers like West Africa, Latin America, and the US offers potential solutions.

3 Mar 2026 1:34 pm