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Published 14:56 IST, April 21st 2024

Iran-Israel conflict raises oil and LNG price concerns, analysts warn of inflation spiker

The Strait of Hormuz is vital for oil-exporting countries, with Saudi Arabia alone exporting 6.3 million barrels per day (bpd) through the strait.

Reported by: Business Desk
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 Petronet LNG to invest Rs 40,000 crore, eyes triple profit by 2028
Iran-Israel conflict raises oil and LNG price concerns; analysts warn of inflation spiker | Image: Pexels
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14:53 IST, April 21st 2024