🚨 Half of India’s Oil Imports at Risk as US-Israel Strike on Iran Raises Hormuz Supply Fears The recent US-Israel military strikes on Iran have triggered fresh fears of disruption in the Strait of Hormuz, a vital global oil transit route. Markets are bracing for the reopening on Monday with analysts warning of sharp price movements.  🛢 Key Points • Nearly 50 % of India’s crude oil imports — around 2.6 million barrels per day — currently transit through the Strait of Hormuz. A prolonged disruption could impact almost half of India’s inbound oil supply chain.  • Brent crude was already trading up at around $72–73/barrel, and analysts say if shipping through these key routes is impacted, crude could push toward $80 or higher once markets reopen.