Big attack on Iran’s ‘Oil Hub’: Will petrol become expensive in India? Understand the new mathematics of crude oil. Iran Kharg Island Attack Impact Petrol Prices In India
Sanjeev Kumar | April 7, 2026 9:21 PM CST
Donald Trump's deadline and rise in crude oil prices
US President Donald Trump has given a strict deadline to Iran. If Iran does not open the Strait of Hormuz by 5:30 am (Indian time) on Wednesday, fierce attacks will be carried out. This is the same narrow path of the sea through which 20% of the world's oil passes. Experts believe that if the supply stops from here, the price of crude oil can immediately increase by $10 per barrel.
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