Crude flows plunge at Hormuz; India may pivot beyond Gulf
- Posted on March 2, 2026
- By Financial Express
- 4 Views
Crude flows plunge at Hormuz; India may pivot beyond Gulf

Crude tanker traffic through the Strait of Hormuz plunged to near standstill as Brent surged to $82. India may diversify oil sourcing beyond the Gulf amid rising risk.