The conflict between Israel and the US against Iran has escalated into a new war, with Iran retaliating by launching missiles at several American bases in the Middle East, including in Kuwait, Qatar, Dubai, and Saudi Arabia. The situation remains volatile, and predictions about the duration and scale of the conflict are uncertain. As military actions increase, the geopolitical landscape of the region is becoming more complex and unstable.

Moreover, there are concerns that Iran might strategically close the Strait of Hormuz, a crucial shipping channel through which almost 40% of the world's oil is imported. Such an action would not only create significant issues for global oil supply but would also severely affect India’s economy by risking its exports. With economy intertwined with energy security, the implications for India could be profound, potentially exacerbating the ongoing economic pressures.

A report by Moneycontrol suggests that the rising geopolitical tensions around the Strait of Hormuz could jeopardize over a tenth of India's non-oil exports, further emphasizing the gravity of the situation. With energy security at risk, India stands to lose significantly if the conflict leads to any major disruptions. This necessitates a recalibration of India's foreign and defense policies as it navigates the challenging waters of the Iran-US conflict and its consequences.