Traffic through the world's most important oil chokepoint remains far below normal, pushing Brent above $96 and turning a distant conflict into a direct risk for India's import bill and inflation.
Rescue work in Nepal was briefly halted after a landslide-dammed lake began overflowing, adding to fears of cascading floods.
The six-month conflict has pushed diplomacy toward one of the world’s most important oil transit routes, where shipping remains well below normal.
More than 1,000 people have died and thousands remain missing after the Himalayan disaster. Rescue teams are still trying to reach remote communities and trapped hydropower workers.
