🌐 Geopolitical🇮🇳 India
Israel Hits Iran's Petrochemical Plants — Oil Prices Jump, India Feels the Heat
The Hindu·Monday, 8 June 2026
Israel struck an Iranian petrochemical complex in Mahshahr on June 8, escalating a war that started 100 days ago when Israel and the US killed Iran's Supreme Leader. Oil prices jumped over $2 a barrel after the strikes. Iran fired missiles at Israel in response, and the two sides are now in an active exchange of fire.
Why It Matters
India imports a huge chunk of its oil from the Middle East. Every time conflict flares there, fuel prices at home can rise — which hits your wallet directly.
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