Published: Jun 12, 2026, 19:12 IST | Updated: Jun 12, 2026, 19:12 IST
The Iran war has triggered what analysts are calling one of the worst oil shocks in modern history, sending crude prices soaring and rattling global markets. Fears over disruptions in the Strait of Hormuz — a key global oil route have intensified concerns about fuel inflation, energy shortages and economic instability worldwide.