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Oil surge poses new challenges for Indian airlines
The Daily Guardian
|June 20, 2025
Indian airlines are facing renewed pressure on profitability as escalating tensions in the Middle East threaten to push global crude oil prices to USD 100 per barrel, according to a report by Nuvama.
The report highlighted that the geopolitical rift, particularly the Israel-Iran standoff, could potentially lead to a closure of the Strait of Hormuz, a key global oil supply route responsible for about 15 per cent of total oil shipments.
Cette histoire est tirée de l'édition June 20, 2025 de The Daily Guardian.
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