US-Iran conflict: Strait of Hormuz closure to hurt India, Pakistan and Bangladesh — list of countries to be impacted

Mar 3, 2026 - 04:30
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US-Iran conflict: Strait of Hormuz closure to hurt India, Pakistan and Bangladesh — list of countries to be impacted
The US-Iran conflict intensified after Iran announced the closure of the Strait of Hormuz, jolting global energy markets. Asian nations, especially India, Pakistan, Bangladesh, Japan and South Korea, face higher oil and LNG costs, with prices seen potentially crossing $100 per barrel.

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