Srinagar, June 24 -- In the wake of the US bombing of three major Iranian nuclear sites, Tehran has indicated that closing the Strait of Hormuz for shipping is one of the options on the table to pressure its adversaries, experts say that any blocking or disruption of traffic through the Strait of Hormuz - a narrow passage connecting the Persian Gulf to the Arabian Sea - will have a significant global and regional impact including on India's energy security, strategic affairs. experts have said. It may be recalled that nearly 30 percent of global oil and a third of the world's LNG (liquefied natural gas) passes through the Strait daily and its closure would immediately reduce global supplies triggering a spike in prices.
However, India's Oi...