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India stares at second-order effects: Experts
Financial Express Mumbai
|April 14, 2026
A COMPLETE BLOCKADE of the strategic Strait of Hormuz, as announced by US President Donald Trump, would have minimal direct impact on India's immediate crude flows but the second-order effects could be significant, experts have said.
However, Trump’s announcement of the blockade led to a surge in crude oil prices above the $100-per-barrel mark again, putting India’s energy lifeline under pressure.
“INDIA WILL CONTINUE to face challenges sourcing crude and refined products through the Strait if the latest blockade materialises, given its heavy reliance on Persian Gulf supplies,” Janiv Shah, VP, commodity markets-oil at Rystad Energy, said.
It wasn’t immediately clear whether the blockade had started by the designated time.
This story is from the April 14, 2026 edition of Financial Express Mumbai.
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