The Strait of Hormuz crisis has exposed how dangerously dependent India’s economy is on imported energy. With India GDP growth slashed and fuel prices spiraling, the question is no longer whether India has oil it is why it hasn’t drilled for it yet. The Crisis No One Saw Coming Or Did They? When the United States and Israel launched strikes on Iran on February 28, 2026, the world’s most critical energy chokepoint went dark almost overnight. The Islamic Revolutionary Guard Corps declared the Strait of Hormuz closed on March 2,…
Read MoreIndia’s Oil Vulnerability Is Now a National Emergency But the Answer May Lie Beneath Its Own Soil
