Oil Transit
Oil transit refers to the transportation of crude oil and refined products through pipelines, tankers, and railways. It plays a crucial role in global energy supply. In India, oil transit is vital for economic growth and energy security. The country relies on imports and domestic production. Efficient transit systems are essential for meeting demand and ensuring stability in the energy sector.
The Strait of Hormuz has become a critical global energy chokepoint due to escalating geopolitical tensions. Located between Oman and Iran, it links the Persian Gulf with the...
April 16, 2026