India Navigates Economic Resilience Amid Strait of Hormuz Disruptions

The Indian Finance Ministry’s latest Monthly Economic Review identifies the ongoing closure of the Strait of Hormuz as the most significant threat to the nation’s external stability and inflation outlook. Released this month, the report underscores that while India has managed to secure crude oil imports through diverse channels, the geopolitical volatility in the Persian Gulf continues to loom over the domestic economy. Policymakers are now balancing a narrative of