Strait of Hormuz Crisis: How the U.S.-Israel attacks on Iran impacts global oil supply

The Strait of Hormuz is the world’s most critical energy chokepoint. Every day, over 20 million barrels of oil which is roughly one-fifth of global supply pass through this narrow shipping corridor connecting the Persian Gulf to global markets. Now, rising tensions after U.S.- Israel attacks on Iran have raised fears of disruptions in this vital route. Iran has warned that the strait is off limits, while the United States has indicated it may deploy naval escorts for commercial oil tankers. Any escalation here could have serious consequences for global energy markets, oil prices, and major importers like India and China, both of which depend heavily on Gulf crude shipments passing through the strait. Guest: Ambassador Mahesh Sachdev. He retired from the Indian Foreign Service in 2013 after a 35-year diplomatic career during which he was Ambassador to three oil importing countries, Algeria, Norway and Nigeria. He continues to be interested in energy and west Asian geopolitics. He is currently president of eco-diplomacy and strategies, a Delhi based consultancy. Host: Devyanshi Bihani Data Support: Nitika Francis and Sambavi Parthasarathy Producer and editor: Jude Weston Learn more about your ad choices. Visit megaphone.fm/adchoices