{"id":87774,"date":"2026-03-16T00:00:00","date_gmt":"2026-03-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/?p=87774"},"modified":"2026-03-16T10:14:09","modified_gmt":"2026-03-16T10:14:09","slug":"hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/","title":{"rendered":"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Day<\/strong><strong> 17 of the war:<\/strong> Surging crude prices and severe shipping bottlenecks in the Strait of Hormuz are squeezing India\u2019s economy across multiple sectors, threatening to balloon the country's import bill while forcing exporters and major industries to grapple with skyrocketing freight costs and critical supply chain disruptions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Import bills surge?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s<\/strong><strong> oil import bill could balloon by as much as USD 64 bn if oil prices average at USD 110-115 per bbl this fiscal year<\/strong>, according to rating agency <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/3\/724.pdf\" style=\"\">ICRA<\/a>. Sustained increases in crude prices could widen India\u2019s current account deficit (CAD) \u2014 a USD 10 \/ bbl rise in average crude prices could widen India\u2019s CAD by about 30-40 basis points (bps), ICRA notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The country relies on imports for about 90% of its crude oil, 60% of its liquefied petroleum gas, and roughly half of its liquefied natural gas demand. Authorities have begun <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/13\/india-expands-cooking-gas-sourcing-beyond-the-gulf-as-supply-strains\/\" style=\"\">prioritizing household energy supply<\/a>, cutting gas allocations to industrial users while urging consumers to avoid panic buying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Macro pressures mount:<\/strong> For every USD 10 increase in crude prices, India\u2019s annual import costs could surge by roughly USD 12-15 bn, <a target=\"_blank\" href=\"https:\/\/www.angelone.in\/news\/market-updates\/global-market-trends-insights-and-early-signals-from-dsp-mutual-fund\" style=\"\">DSP Mutual Fund<\/a> estimates. Costlier crude could <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/issues\/hormuz-choke-continues-to-impact-india\/\" style=\"\">further weaken the INR<\/a> and increase inflation \u2014 a USD 10 rise in oil prices would raise the wholesale inflation index by 100 bps and consumer price index by 60 bps, according to ICRA. If oil prices stay above USD 120 bbl through FY 2027, India\u2019s CAD is <a target=\"_blank\" href=\"https:\/\/www.angelone.in\/news\/market-updates\/global-market-trends-insights-and-early-signals-from-dsp-mutual-fund\" style=\"\">estimated<\/a> to rise beyond 3% of the country\u2019s GDP. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> India diversifies fertilizer sourcing<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India<\/strong><strong> is looking to increase fertilizer sourcing from Russia, Morocco, China, Indonesia, and Belarus <\/strong>as disruptions in the Gulf impact supplies for the farming sector, <a target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\/amid-west-asia-war-india-to-double-down-on-fertilizer-purchase-from-indonesia-belarus-china-and-russia-11773570004974.html\" style=\"\">Mint<\/a> reports. The move comes ahead of the sowing season starting June, as authorities look to reduce exposure to potential disruptions along Gulf shipping routes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>India relies heavily on Gulf producers for fertilizer imports. Roughly 70% of India\u2019s urea shipments transit the Strait of Hormuz, making the route critical for fertilizer supplies. Of the 5.64 mn tonnes of urea imported last financial year, about 70% came from Oman, Saudi Arabia, the UAE, and Bahrain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Russia and China have already emerged as key urea suppliers this financial year<\/strong>, while sourcing agreements for phosphatic fertilizers have also been expanded. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Shipping cost shock hits exporters<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s<\/strong><strong> exporters are facing severe disruption as nearly 70% of outbound shipments have been affected by the Strait of Hormuz blockade<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/economy\/prolonged-west-asia-crisis-deals-multiple-blows-to-indian-exporters\/article70746785.ece\/amp\/\" style=\"\">Hindu Businessline<\/a> reports. Freight rates have surged as much as 300%, while longer routes via the Cape of Good Hope are extending transit times and raising ins. and fuel surcharges.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Industry estimates:<\/strong> Nearly 70% of outbound shipments have been affected by vessel suspensions, cargo backlogs, and rerouted voyages. Most major shipping lines have paused services, leaving a handful of operators moving cargo, exporters told the outlet. Companies are grappling with rising demurrage, storage fees, and uncertainty over consignments in transit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Small biz takes the hit: <\/strong>Efforts to divert shipments to alternative markets have proven difficult, as exporters, particularly small and medium enterprises, lack the capacity to redirect cargo or absorb the surging logistics costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- The <\/strong><strong>India<\/strong><strong>n government is considering temporary relief measures for exporters, similar to those implemented during the pandemic<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-13\/india-considers-covid-era-relief-for-exporters-hurt-by-iran-war\" style=\"\">Bloomberg<\/a> reports, citing unnamed sources. These measures could include extended deadlines for repatriating export proceeds, easing bank overdraft rules, and granting moratoriums on loan repayments. Partial compensation for higher freight, demurrage, and conflict surcharges are also being considered to ease the situation for exporters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Hindalco pauses extrusion output after gas supply disruption<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India<\/strong><strong>-based metals producer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.hindalco.com\/\" style=\"\">Hindalco Industries<\/a><\/strong><strong>, part of the Aditya Birla Group, has paused production of some extruded aluminum products<\/strong> after gas supply disruptions, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/hindalco-halts-production-extruded-aluminium-products-due-iran-war-notice-says-2026-03-15\/\" style=\"\">Reuters<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The company issued a force majeure notice to customers on 11 March following supply interruptions from gas providers. Extruded aluminum products \u2014 used in construction, electric vehicles, electronics, and solar equipment \u2014 require gas-fired heating during manufacturing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Limited impact: <\/strong>Hindalco <a target=\"_blank\" href=\"https:\/\/www.hindalco.com\/media\/press-releases\/clarification-on-news-reports-hindalco-has-not-halted-operations-of-aluminium-extrusion\" style=\"\">later clarified<\/a> that the notice followed force majeure declarations from certain gas suppliers and was issued to alert customers about potential disruption affecting part of its extrusion segment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Drone strike in Oman kills two Indian workers<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two<\/strong><strong> Indian nationals were killed and 10 others were injured after drones struck an industrial zone in Sohar, Oman<\/strong> \u2014 bringing the total number of Indians killed during the war to five, <a target=\"_blank\" href=\"https:\/\/timesofindia.indiatimes.com\/india\/drone-strike-in-oman-takes-indian-toll-to-5\/articleshow\/129564685.cms\" style=\"\">Times of India<\/a> reports. Some 150k Indians have returned from the Gulf, a tiny fraction of some 9 mn working in the region, the report adds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising crude prices and Hormuz shipping disruptions are lifting India\u2019s import bill, straining exporters, and forcing supply chain adjustments<\/p>\n","protected":false},"author":1,"featured_media":87775,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2865],"tags":[2409,2402,2568,2731,2646,2861,2864],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-war-watch","tag-energy","tag-enterpriseam-india","tag-fertilizers","tag-india-focus","tag-indian-economy","tag-strait-of-hormuz","tag-war-watch","wpautop","entry"],"acf":{"mongo_id":"fc9d7d33-988e-412d-baf1-731b597997ee","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/842.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Hormuz disruption hits India\u2019s oil, freight, fertilizer costs","related_issue":[87768],"teaser":"Rising crude prices and Hormuz shipping disruptions are lifting India\u2019s import bill, straining exporters, and forcing supply chain adjustments"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge\" \/>\n<meta property=\"og:description\" content=\"Rising crude prices and Hormuz shipping disruptions are lifting India\u2019s import bill, straining exporters, and forcing supply chain adjustments\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"MENA India Corridors\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-16T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-16T10:14:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge\",\"datePublished\":\"2026-03-16T00:00:00+00:00\",\"dateModified\":\"2026-03-16T10:14:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/\"},\"wordCount\":772,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ENERGY\",\"EnterpriseAM India\",\"Fertilizers\",\"India Focus\",\"Indian economy\",\"Strait of hormuz\",\"War watch\"],\"articleSection\":[\"WAR WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/\",\"name\":\"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge - MENA India Corridors\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-03-16T00:00:00+00:00\",\"dateModified\":\"2026-03-16T10:14:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/mena-india\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/84573.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/84573.svg\",\"caption\":\"EnterpriseAM-MENA-India-Corridor\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge - MENA India Corridors","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/","og_locale":"en_US","og_type":"article","og_title":"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge","og_description":"Rising crude prices and Hormuz shipping disruptions are lifting India\u2019s import bill, straining exporters, and forcing supply chain adjustments","og_url":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/","og_site_name":"MENA India Corridors","article_published_time":"2026-03-16T00:00:00+00:00","article_modified_time":"2026-03-16T10:14:09+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge","datePublished":"2026-03-16T00:00:00+00:00","dateModified":"2026-03-16T10:14:09+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/"},"wordCount":772,"publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1","keywords":["ENERGY","EnterpriseAM India","Fertilizers","India Focus","Indian economy","Strait of hormuz","War watch"],"articleSection":["WAR WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/","url":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/","name":"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge - MENA India Corridors","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1","datePublished":"2026-03-16T00:00:00+00:00","dateModified":"2026-03-16T10:14:09+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/16\/hormuz-disruption-ripples-through-indias-economy-as-oil-freight-costs-surge\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/mena-india\/"},{"@type":"ListItem","position":2,"name":"Hormuz disruption ripples through India\u2019s economy as oil, freight costs surge"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/mena-india\/#website","url":"https:\/\/enterpriseam.com\/mena-india\/","name":"EnterpriseAM-MENA-India-Corridor","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/mena-india\/#organization","name":"EnterpriseAM-MENA-India-Corridor","url":"https:\/\/enterpriseam.com\/mena-india\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/84573.svg","contentUrl":"https:\/\/ent.news\/internal\/84573.svg","caption":"EnterpriseAM-MENA-India-Corridor"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/842.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/87774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/comments?post=87774"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/87774\/revisions"}],"predecessor-version":[{"id":87803,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/87774\/revisions\/87803"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/87768"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media\/87775"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media?parent=87774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/categories?post=87774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/tags?post=87774"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/brand?post=87774"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=87774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}