Tensions in the Middle East are rising again—and this time, it could directly hit your pocket. Iran has proposed a massive $2 million toll on every ship passing through the Strait of Hormuz, a route that carries a huge share of India’s oil and gas imports. But who will actually pay this cost? And will it lead to a spike in petrol, diesel, and LPG prices in India? The story doesn’t end there—Iran has also hinted at disrupting another critical global chokepoint, Bab el-Mandeb, raising fears of supply shocks, longer shipping routes via the Cape of Good Hope, and rising freight costs. With global trade routes under pressure and Trump’s escalating rhetoric adding to the uncertainty, this episode of Kharcha Paani breaks down how these geopolitical moves could impact energy prices, inflation, and everyday expenses in India.
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