{"id":660098,"date":"2026-04-14T11:30:47","date_gmt":"2026-04-14T06:00:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=660098"},"modified":"2026-04-14T11:30:47","modified_gmt":"2026-04-14T06:00:47","slug":"oil-shortage-price-spike-inflation-fears-how-hormuz-blockade-is-hitting-india-and-global-markets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-shortage-price-spike-inflation-fears-how-hormuz-blockade-is-hitting-india-and-global-markets\/","title":{"rendered":"Oil shortage, price spike, inflation fears: How Hormuz blockade is hitting India and global markets"},"content":{"rendered":"<p>Global markets were rattled after US President Donald Trump\u2019s announcement of naval blockade in the Strait of Hormuz. The immediate fallout was visible in Asian trading, where stocks in Japan and South Korea opened lower as investors reacted to the escalation. At the same time, crude oil prices surged sharply, with Brent and WTI jumping 6\u20138% to move well past the $100 per barrel mark, signalling a tightening supply outlook.<\/p>\n<p>According to banking market expert Ajay Bagga, &#8220;There is a risk of a move after the collapse of the negotiations and also Trump escalating into a blockade, and this evening, late evening in India, all Iranian ports will face a blockade.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global markets were rattled after US President Donald Trump\u2019s announcement of naval blockade in the Strait of Hormuz. The immediate fallout was visible in Asian trading, where stocks in Japan and South Korea opened lower as investors reacted to the escalation. At the same time, crude oil prices surged sharply, with Brent and WTI jumping 6\u20138% to move well past the $100 per barrel mark, signalling a tightening supply outlook. According to banking market expert Ajay Bagga, &#8220;There is a risk of a move after the collapse of the negotiations and also Trump escalating into a blockade, and this evening, [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-660098","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=660098"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660098\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=660098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=660098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=660098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}