Hormuz energy shock could add $22 billion to India's fossil-fuel import costs
A report estimates India could face an additional $22 billion in fossil-fuel import costs amid an energy shock affecting the Strait of Hormuz.
By DoomRadar · Published on DoomRadar .
Why it matters
Higher fuel-import costs could worsen India's trade balance, inflation and energy security.
Related source links
These links were collected with this event. Recorded source dates may reflect when a link was found. Article publication dates are shown only when available from the source. Open the originals for their full context.
- India faces $22 billion extra fossil-fuel import cost amid Hormuz energy shock: Report ↗asianews.network · Recorded source date: Aug 31, 2026, 2:46 AM UTC
- India faces US$22bil extra fossil-fuel import cost amid Hormuz energy shock: Report ↗thestar.com.my · Recorded source date: Aug 31, 2026, 8:46 AM UTC
- India buys record 2.6 mbd Russian crude oil, refines some of it and now sends it back as petrol: why one of world's biggest oil suppliers Russia has been forced to import 1 million barrels in 2 months from India ↗timesofindia.indiatimes.com · Recorded source date: Aug 31, 2026, 10:32 AM UTC
- Why is India suddenly stockpiling Uranium? After Australia, PM Modi turns to Uzbekistan in major nuclear fuel push ↗moneycontrol.com · Recorded source date: Aug 31, 2026, 11:01 AM UTC
- Gulf States Built Their Energy Trade Around The Strait Of Hormuz. Now They're Spending Billions To Bypass It. ↗ibtimes.com · Recorded source date: Aug 31, 2026, 12:16 PM UTC
- Pakistan's fuel import bill swells by $1.3bn in March-July period amid Hormuz disruption ↗geo.tv · Recorded source date: Aug 31, 2026, 2:17 PM UTC
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