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The Economic Times

Economy / The Economic Times

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Can Trumps Iran blockade plunge India into an 'everything crisis'?

India has so far managed the oil shock from the Iran war through policy buffers, diversified crude sourcing and intervention by the Reserve Bank of India, keeping inflation and supply chains stable. However, the proposed US naval blockade of Iranian ports by Donald Trump risks escalating the situation and disrupting energy flows through the Strait of Hormuz, potentially driving oil prices higher and prolonging the shock.

13 Apr 2026 2:31 pm