Hormuz blockade disrupts Gulf limestone imports demand rises for Jaisalmer supply
Intense Middle East tensions have blocked the Strait of Hormuz, stranding millions of tonnes of imported limestone.
Indian steel companies, facing a raw material crisis, are now heavily relying on Jaisalmer's Sonu Mines for high-grade steel limestone, leading to a significant surge in demand and dispatches.
Hormuz blockade hits global trade
- 17 India-bound vessels with LPG, LNG, crude await transit near Hormuz Times Of India —
- Iran Amplifies LNG Shortage by Blocking Passages Through Hormuz Bloomberg —
- ‘Tankering’ and ‘demand destruction’ – how Asian airlines are trimming schedules and carrying extra fuel Irish Independent —
- Auto dealers flag dispatch delay as war hits parts supply Times Of India —
- Analysis: Strait of Hormuz transit shifts to 'dual-corridor system' CGTN —