Hormuz will not be closed but petrol and diesel may become expensive: prices may increase by 4-5 rupees; Gold expected to rise by ₹30 thousand; Impact of America-Iran war
Iran’s Foreign Minister Abbas Araghchi has said that at present there is no intention to close the Hormuz Strait. A day before, when Iran’s Supreme Leader Ayatollah Ali Khamenei was killed in an American attack, there were fears that Iran might close Hormuz. If Hormuz was closed, the price of crude oil could have increased…