As oil prices surge and petrol in Delhi crosses ₹102 per litre, the world is watching the Strait of Hormuz — the narrow sea route through which most of India’s crude oil and LNG imports pass. Donald Trump claims the US-Iran deal is “largely negotiated,” raising hopes that Hormuz could reopen soon. But will that really make petrol and diesel cheaper in India? In this episode of Kharcha Paani, Shruti explains why even if the Strait opens, relief may still be months — or even years — away. From damaged Saudi Aramco oil fields and missile-hit LNG facilities to trapped tankers, sea mines, insurance panic, and broken global supply chains, this video breaks down the real reason fuel prices may stay high despite a political deal. Will petrol prices fall? When will inflation ease? And why are experts warning that the oil crisis may continue till 2027? Watch the full video to understand the global oil war that is directly affecting your pocket.
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Production: Shruti
Video Editor: Sameer KHan
