The Art of Adaptation: Thriving in a World of Constant Change

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  Wonderful things happen in our daily lives. We are very excited to appreciate the beautiful moments and hope that they will continue forever. It is impossible to always desire a successful ride. There is nothing wrong with such assumptions because our positivity drives us to strive for the best for ourselves. However, as movement continues, each second changes. This development period causes significant shifts in what we seek and what actually occurs over time. It never waits for anyone and moves at its own pace because no circumstance has a fixed place. It occurred in the past. We are experiencing the same thing, and future generations will understand that no circumstance in life is permanent. It will take its time to teach us in depth. We are experiencing the same thing, and future generations will understand that no circumstance in life is permanent. It will take its time to teach us in depth. Sometimes something completely unexpected takes over the driving seat. Changing the game
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After effects of the Strait of Hormuz blockade by Iran

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What is  currently  trending that oil and LNG prices will rise if Iran attempts to block the Strait of Hormuz, the conduit route via which India imports crude oil from Saudi Arabia, Iraq, and the UAE, resulting in a flaring up inflation. 

The relationship between Iran and Israel is not very amicable, and a small spark from either side can ignite  an ugly war-like crisis. Iran was the first to initiate  calculated drone and rocket attacks on Israel, which has so far retaliated in a very controlled manner by employing  missiles from its vast  arsenal it possesses.


The disturbing component of this conflict is the direct impact on crude oil prices, which hover around $90 per barrel.


 What should be done now is to continue  efforts to de-escalate the growing regional  tensions and manage the ongoing crisis. What concerns us is is about the emerging situation in case  the Strait of  Hormuz is intentionally and violently blocked forcibly by Iran.

This strait is  a tiny  waterway  between Oman and  Iran, with both incoming and outgoing  ships. All oil exporting countries including Saudi Arabia, The UAE ,Kuwait, Qatar, Iraq sees this strait  as a viable option for exploring their commercial opportunities. Liquified  natural gas traders  such as Qatar and UAE  account for 20 percent of  worldwide  LNG exports. The  Genuine concern  is  with the supply of liquefied natural gas, as  exporters have no other route  than the Strait Of Hormuz.


When it comes to  crude oil and natural gas India is now completely dependent  on Saudi Arabia, Iraq, the UAE and qatar.

Material cost for cruse oil and natural gas will be higher if the  the route is shut and  choosing an alternative route  is fraught  with danger due to the presence Houthi rebels.

India can conserve some foreign reserve with the  russian crude oil supply it is availing  now.

Hope  Asia - pacific economy is not derailed because to Iran- Israel war threat resulting in oil and LNG  shortages  and unnecessary price hike.

 



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