700 tankers stranded in the Strait of Hormuz – is the shortage of petrol and diesel going to start in India? | Hormuz Strait 700 Tankers Jam India Fuel Rationing Crude Oil Supply Crisis Trump Iran Conflict LPG Shortage
Sanjeev Kumar | March 3, 2026 4:21 PM CST
Is this a crisis of just a few days or a long energy war?
If West Asia tensions last for weeks:
- Global supply chain will be affected.
- Refineries in Asia and Europe will come under pressure.
- Countries like India and China will be directly affected.
- Oil may even go up to $90–$100.
The biggest question: Will common people feel the impact?
- Right now the situation is “under control but critical”.
- The government is continuously monitoring.
- But if the tanker jam persists for a long time, then:
- Petrol and diesel may become expensive
- LPG supply may be affected
- inflation may increase
At present the picture is not clear, but the uneasiness in the energy markets is clearly visible.
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