War-Driven Chokepoints Keep Oil Prices High, Threatening India

The article says a war in West Asia is making oil more expensive.

Oil ships use narrow sea passages called chokepoints to move around the world.

The Strait of Hormuz carries about one-fifth of global oil supplies.

Another important passage, the Bab el-Mandeb Strait, is also becoming harder for ships to use.

Houthi forces have attacked ships connected to Saudi Arabia.

A drone attack also forced Saudi Arabia to temporarily shut part of its pipeline to the Red Sea.

Saudi Arabia may now have to use a longer and more expensive route through the Suez Canal.

The article warns that India could pay more for energy, face a larger trade deficit, and see pressure on its currency.

It argues that India should increase domestic oil production to become less dependent on imports.