The military campaign led by the United States and Israel against Iran, which commenced on February 28, has escalated tensions in the Strait of Hormuz, a vital maritime chokepoint for global oil transportation. This operation, referred to as Operation Epic Fury by the US and Operation Roaring Lion by Israel, has entered its fourth month and has resulted in considerable disruptions in the region. The ongoing conflict poses significant implications for international trade and energy security, as the Strait of Hormuz is a crucial passage for oil shipments from the Gulf states. As the situation develops, the impact on global markets and regional stability remains a critical concern for nations, including India, which relies heavily on energy imports traversing this route.
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