India faces energy risk as Hormuz tensions rise

Rising tensions in the Strait of Hormuz pose a significant risk to global oil supplies, potentially leading to higher energy prices that could strain India's economy as a major oil importer, impacting inflation and currency stability. This geopolitical uncertainty may also affect broader commodity markets and energy-dependent sectors worldwide, though the full impact depends on escalation. European and US markets could experience indirect volatility if oil prices surge, but much of this risk may already be priced in given ongoing regional tensions.