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The Economic Times
The Economic Times

India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge Ratings

CareEdge Ratings India Red Sea Hormuz United States Oil

India's energy security remains highly vulnerable to disruptions at the Strait of Hormuz and the Red Sea, with a simultaneous closure of both chokepoints capable of pushing Brent crude prices to USD 130-135 per barrel, according to a report by CareEdge Ratings released on July 29, 2026.

40% of crude imports at risk

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