In this episode of India Ascends, Iran’s reported launch of two intermediate-range ballistic missiles toward a US-UK base in Diego Garcia in the Indian Ocean marks an escalation that takes the focus to range, signalling and strategic geography. The ongoing Iran war and the consequent disruption in the Strait of Hormuz is no longer just an oil story. As supply delays stretch into weeks, the ripple effects are beginning to show up across a range of industrial inputs. NDTV’s Gaurie Dwivedi decodes.

