The ongoing tensions involving the United States, Iran, and Israel are no longer limited to the Middle East. Their effects are gradually making their way into investment portfolios, household expenses, and even plans such as overseas education. At the core of the disruption is crude oil, whose prices have steadily climbed as tensions intensified around the Strait of Hormuz — a strategically important route through which nearly 20% of the world’s energy supply passes. The US-Iran war has sent shockwaves globally, and India is not immune. From rupee to stock markets and petrol price hike to capital outflows, the conflict has had an impact on the economy, though experts believe that it is fundamentally strong to weather the crisis.