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Hormuz Crisis Threatens India’s Economy And Inflation

A vendor sells unlicensed medicines to passersby on a roadside in Srinagar, Indian-administered Kashmir, on April 13, 2026. Global markets are affected after the United States orders a naval blockade of the Strait of Hormuz, escalating tensions in the Middle East and triggering a fresh energy shock. In India, a major oil importer, the move is expected to increase fuel costs, strain the rupee, and raise inflation concerns, while intensifying the focus on energy security and renewables. (Photo by Kabli Yawar/NurPhoto)

Photo ID	#13572613
Date Taken	13 April 2026
Location	N/A
Photographer	Kabli Yawar/NurPhoto
Category	Human Interest
Copyright	© 2026 NurPhoto - Kabli Yawar/NurPhoto

Indian quack unlicensed medicines roadside Srinagar Indian-administered Kashmir April 13 2026 global markets United States naval blockade Strait of Hormuz Middle East tensions energy shock India oil importer fuel costs rupee inflation concerns energy security renewables Kabli Yawar NurPhoto photojournalism economic impact geopolitical tensions energy crisis fuel prices currency strain inflation energy transition alternative energy Middle East conflict global economy trade routes.