Eight days into the escalating conflict between Israel, the United States and Iran, the ripple effects are beginning to reach Indian households—impacting everything from cooking gas prices to remittances and supply chains.
Nearly half of India’s crude oil imports, along with a significant share of its liquefied natural gas (LNG) and liquefied petroleum gas (LPG), typically pass through the Strait of Hormuz, a narrow but critical global energy route that has effectively been disrupted by the ongoing conflict.
With shipping through this key chokepoint under threat, the consequences are spreading quickly—from global energy markets to India’s kitchen stoves and household expenses.
India’s economic ties with West Asia go far beyond energy supplies. The region is a major trade partner and a vital source of remittances.
About 10 million Indians live and work in Gulf countries, sending home billions of dollars every year that support millions of families and contribute significantly to India’s external finances.
According to brokerage firm Jefferies, the region accounts for 17% of India’s exports, 55% of its crude oil imports and 38% of remittances.
In 2025 alone, India imported goods worth about $98.7 billion from West Asia, including energy, fertilisers and key industrial inputs.
If the conflict drags on, India could face disruptions across multiple fronts—from energy supplies and supply chains to remittance inflows and diplomatic balancing between Washington, Tehran and Gulf states.
Government Says Energy Situation Is ‘Comfortable’
For now, the Indian government has adopted a cautious “wait and watch” approach.
Source: India Latest News, Breaking News Today, Top News Headlines | Times Now
