SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

Economy News

The Economic Times

Economy / The Economic Times

details

Kharg vs Hormuz: Will Trump's new gamble set the Gulf on fire?

The Iran conflict escalates as the US strikes Kharg Island's military targets, warning of further action if shipping is disrupted. Simultaneously, Iran leverages the Strait of Hormuz for diplomatic gains, striking deals for safe passage with nations like India and Europe, bypassing US sanctions and potentially fracturing global unity.

14 Mar 2026 1:55 pm