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The Economic Times

Economy / The Economic Times

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Crude cargo traffic likely to get caught up in war logjam again

A US naval blockade of Iranian ports, following failed ceasefire talks, has increased uncertainty over energy cargo movements and the risk of stranded supplies. This escalation is expected to further squeeze global supply and drive oil prices higher, impacting India's significant crude and LPG imports from Iran.

14 Apr 2026 5:00 am