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    HomeNewsBusinessMoneycontrol ResearchIran-Israel conflict — What could be the worst-case scenario for the world and India?

    Iran-Israel conflict — What could be the worst-case scenario for the world and India?

    At the moment, the likelihood of a blockade of the Strait of Hormuz is low. However, in the case of such an event, crude prices may spiral out of control and disrupt the world economy as it is a vital artery carrying about a fifth of the world's oil.

    Neha Dave
    October 03, 2024 / 11:35 IST
    A little over 20 million b/d (barrels a day) of oil flows through the Strait, with shipments from key producers such as Saudi Arabia, Iraq, Iran, the UAE, Kuwait, and Qatar
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More