As the US-Israel war with Iran enters the third week, the movement of crude oil and natural gas across the Strait of Hormuz—the narrow waterway that connects the Persian Gulf with the Gulf of Oman—has been severely impacted. Close to 20% of the world's crude oil, natural gas, and liquefied petroleum gas is shipped through the narrow Strait of Hormuz. Almost half of India's crude oil needs and 20% of its gas use the same route.