# Hormuz, Red Sea disruptions may double India’s freight costs

2026-08-06T15:56:11+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

India-bound cargo could take an extra 30 to 35 days and face nearly double freight costs if disruptions continue at the Strait of Hormuz and Bab el-Mandeb, the Indian National Shipowners’ Association told The Times of India. The warning follows the capsizing of Indian cargo vessel MSV Faize Noore Oliya after it was struck by a projectile off Yemen. All 14 crew members were rescued. The Economic Times reports that landed costs on some routes have risen 35% to 50%, with extreme cases exceeding 200%. Freight to Gulf destinations has sharply increased, while energy and petrochemical supply disruptions are adding pressure on Indian manufacturers. India has widened crude purchases beyond Gulf suppliers, sourcing from more than 40 countries.

## Coverage

- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/city/delhi/twin-sea-route-squeeze-may-double-freight-costs-force-35-day-detour-shipowners-body-chief/articleshow/132984229.cms>
- retail.economictimes.indiatimes.com <https://retail.economictimes.indiatimes.com/news/industry/hormuz-uncertainty-pushes-landed-costs-up-to-50-raising-risk-of-higher-consumer-prices/133025867>

Tags: crude oil, freight costs, Red Sea, shipping, Strait of Hormuz
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