00:00The Strait of Hormuz that remains a concern for the entire world. Why? Because 20% of global oil
00:06that passes through the Strait of Hormuz. Now, there are several ships that are just stranded,
00:12they're just standing. More than 200 ships that are stuck in the Persian Gulf and over 150 ships
00:18that are waiting outside the Strait of Hormuz, hoping for a passage. Out of this number that
00:25I shared, 38 Indian ships that are stuck in this region. Now, remember Russian oil that could fuel
00:34India, vessels that are stuck at the Strait of Hormuz, more than 300 oil tankers that are just
00:41standing, Russian vessels in Arabian Sea that are at least eight in number, that is a minimum.
00:48And this is happening now as two Russian crude shipments are en route to India, which means
00:54about 1.4 million barrels of crude oil that are en route to India. This, according to reports,
01:02but sources within the government hinting at how we are not worried and there seem to be
01:08enough energy supplies, at least for not to panic at the moment.
01:16And the Strait of Hormuz and its blockage by Iran that is increasing concerns when it comes to the
01:27supply of oil. Now, while the US has given that leeway that India could take oil from Russia,
01:35this is what reports suggest, that Russian oil will now fuel India. In fact, there are vessels at the
01:41Strait of Hormuz, around 300 oil tankers or more, and Russian vessels that are already in the Arabian
01:48Sea, at least eight of them. In fact, these reports that are coming in as we talk because two Russian
01:54crude shipments we are learning are en route to India, which means as far as India's requirement
01:59is concerned about 1.4 million barrels of crude oil are en route to India.
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