Iran has denied reports regarding granting India special access to oil through the Strait of Hormuz, clarifying that the blockade remains in effect for all countries until the U.S. and Israel withdraw. The Strait of Hormuz, a critical passage for 20% of global oil transport, remains closed, affecting energy supplies across Asia. India, reliant on Iranian liquefied petroleum gas, faces inventory restrictions for two months, with constrained natural gas supplies creating significant pressure on households and the hospitality industry.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin