SENSEX
NIFTY
GOLD
USD/INR

Weather

image 37    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

Hormuz crisis deepens: Mine clearance may take six months

Clearing Iranian mines from the Strait of Hormuz could take six months. This operation may keep oil prices high. Iran has largely blocked the vital waterway. The United States has imposed its own blockade. Even after hostilities end, mine clearance will take time. This situation impacts global oil and gas prices.

23 Apr 2026 1:29 pm