The Economic Times

Iran-Israel war: Strait of Hormuz closure to affect India the most? Harsh Goenkas video explains how Tehran's move may hit where it hurts the most

Iran-Israel war: In a post on X, RPG Group Chairman Harsh Goenka flagged a major risk for India after Iran shut the Strait of Hormuz amid the ongoing Middle East crisis. Goenka said India would be the worst-affected as the Strait of Hormuz has been blocked by Iran with netizens saying that India has the option to buy oil from the US and Russia. The video shared by him is essentially an explainer about the Strait of Hormuz and why its closure could severely impact countries like India and the global economy.