The Hormuz Chokehold: Decoding India’s Energy Roulette
📊 Summary Glossary
• Hormuz Blockade: A re-escalation in the US-Iran conflict has effectively halted traffic through the Strait of Hormuz, with daily transits hitting a record low.
• Energy Surge: Brent crude is fluctuating near $85, with earlier peaks of $126 during the conflict, threatening India’s fiscal stability.
• Supply Shock: India