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Hormuz shipping crisis threatens India’s growth as crude oil prices double

sanctions_shadow_enforcement UTC: 2026-03-30 21:00:54

Disruptions to shipping through the Strait of Hormuz have choked global energy flows, tightening supply and raising risks to growth and inflation, India’s March 2026 Monthly Economic Review said. Ship transits have fallen to about one vessel a week from 200-300 earlier, constr...

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