Oil routes closed

Global Energy Crisis Looms as Major Oil Routes Shut Down and Production Hits 1990 Lows:

by

The global energy landscape is facing an unprecedented crisis as three vital oil supply routes—the Strait of Hormuz, the Bab al-Mandeb strait, and Saudi Arabia’s strategic East-West Pipeline—face severe disruptions and closures. As one of the world’s leading oil importers, heavily reliant on Gulf shipments alongside Russian imports, India and the global economy are feeling … Read more

Global Oil Crisis: The biggest fuel crisis in the world market in 36 years! All three oil routes blocked; What will be the effect on India?

by

Biggest fuel crisis in 36 years! All three oil routes blocked What will be the effect on India? Global Oil Crisis: India is one of the world's largest oil importers. Apart from Russia, we import most of our crude oil from the Gulf countries. But the current unrest in the Gulf continues to affect supply. … Read more