US-Iran clash in Hormuz, Houthis hit Saudi: Why India should worry

India imports about 90% of its oil needs, leaving fuel costs vulnerable to a prolonged rise in crude prices. Higher import bills could also affect the rupee and inflation.

US-Iran clash in Hormuz, Houthis hit Saudi: Why India should worry
India imports about 90% of its oil needs, leaving fuel costs vulnerable to a prolonged rise in crude prices. Higher import bills could also affect the rupee and inflation.