Markets

Strait of Hormuz Closure: Iran Blocks Vital Oil Route, 80 Mines Threaten Year-End Reopening

Iran has declared the Strait of Hormuz closed citing ceasefire violations, causing tanker traffic to plummet 43% in 24 hours. With 80 mines blocking the channel, normal shipping may not resume until y...

Iran War Impact on India Economy 2026: Oil, LPG, Inflation, Jobs Analysis

The Iran war has triggered a severe energy crisis in India, with oil prices crossing $115 and LPG imports collapsing by 45% in 2026. Moody's has slashed India's GDP forecast to 6.0% as the record-low ...