Branch² Intelligence
Trump On Hormuz: 'It's Open For Others, We're Not Opening It For Iran'
Key takeaway
Trump says Strait of Hormuz open for others, not Iran, after US bombing campaign and Iranian attacks on vessels.
- Step 1Trump blocks Iranian shipping through Hormuz, removing ~1.5-2 mbpd from global oil supply
- Step 2Brent crude spikes as the market prices in a tighter supply-demand balance and higher war risk
- Step 3Indian crude import costs rise, lifting diesel, LPG, and petrochemical feedstock prices domestically
- Step 4Indian SMEs in transport, chemicals, plastics, and ceramics face higher input costs and squeezed margins
Source: IN:NDTV Profit
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