Iran will close Strait of Hormuz, oil price will reach the sky, India will also be affected

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Image Source: AP
Iran has decided to shut down the Hormuz Strait.

Israel-Iran Jung has now reached a dangerous turn. After the US bombing on Sunday, Iran has attacked Israel with a major attack on the Khyber missile, now Israel has hit back at the depot of Khorramshahr-4 missile. The situation has become explosive after America jumped into the war. After the US attacked Iran’s 3 nuclear sites, Iran has also now landed on retaliation. Iran has responded to the US attack to the whole world. Iran is now going to shut down its most important oil route Hormuz Strait. The Parliament of Iran has approved this decision.

Iran’s government media gave this information on Sunday. Major General Kovsari, a member of the National Security Council of the Irani Parliament, said that the Supreme National Security Council of Iran, the Supreme National Security Council of Iran is required to finalize the decision.

What is Strait of Hormuz and why is it so important?

Strait of Hormuz is an important narrow waterway between Iran and Oman. It connects the Gulf of Persia to the Gulf of Oman and the Arabian Sea. The US Energy Information Administration calls it the world’s most important oil transit chokpoint, in which global liquid petroleum fuel consumption and global liquidite natural gas (LNG) passes through a fifth part of the trading. Every month more than 3000 oil and gas ships pass through this route. The importance of Hormuz Strait can be gauged from the fact that about fifth of the world’s total oil supply passes through this path, that is, one of every five liters of oil is supplied from here and the Parliament of Iran has decided to close it.

If Iran shuts down the hormuz Strait, it will disrupt global trade, increase oil prices and volatility in the global economy. 20 percent of global oil consumption passes through the hormuz straight.

What will be the impact on India due to hormuz stagnation?

This is the world’s 26% oil supply route. There will be a shortage of oil when hormuz is stalled and it will have an impact on the whole world including America. Hormuz is also very important for India because a large amount of oil reaches every day through this waterway to India. India consumes 5.5 million barrels of oil daily, of which 1.5 million barrels of oil falls through this waterway. About a quarter of the world’s oil trade passes through this waterway, which connects the Gulf countries to the Indian Ocean.

Khorramshahar-4 missile depot in Iran

At the same time, let us tell you that after the US bombing on Sunday, Iran has attacked the Khyber missile with a big attack on Israel, now Israel has retaliated and attacked the depot of Khorramshahr-4 missile. After the Israeli attack, a balloon of smoke was seen in Yajad area. IDF released a video of the attack, claiming that for the first time, Israeli Air Force, 2200 km away, has blown the surface -to -surface -hit “Khorramshahr” missile depots in the Yazd area of ​​Iran. The Israeli attack on the ‘Imam Hussain’ missile headquarters located in the middle of Iran was shaken by the city of Iran.

US President Donald Trump’s statement

After the attack on Iran’s three nuclear site, the statement of US President Donald Trump has once again come out. Trump said Iran’s nuclear site has suffered a huge loss due to this attack of America. The US launched a strong and most accurate attack. Along with this, Trump praised the US Army and said that the army has performed very well.

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