The Economic Times

Trumps Hormuz blockade: Whats at stake amid global chaos and ripple risks for India

A US-led naval blockade on Iran has sharply escalated tensions around the Strait of Hormuz, threatening global oil flows, trade routes and geopolitical stability. Oil prices have surged past $100 as shipping risks, insurance costs and supply disruptions ripple across markets. While enforcement remains complex and legally contested, the bigger risk lies in escalation and second-order effectsespecially for importers like India, which could face higher crude prices and tighter supply as global demand reshuffles.