Watch: Iran chokes Hormuz. Houthis hold the Red Sea. What happens to oil prices? | Business Matters
The Strait of Hormuz and Red Sea are under pressure as the U.S.-Iran conflict intensifies. Here’s how the crisis could impact India’s oil imports, LPG prices, inflation, and why the government is looking on ethanol for cooking.
Hormuz Closure Chaos$HCC
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The Strait of Hormuz and Red Sea are under pressure as the U.S.-Iran conflict intensifies. Here’s how the crisis could impact India’s oil imports, LPG prices, inflation, and why the government is looking on ethanol for cooking.
Updated - July 24, 2026 07:59 pm IST
Script & Presentation: K. Bharat Kumar
Published - July 24, 2026 07:58 pm IST
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