India just declared a national economic emergency over the Hormuz oil shock. Are crypto holders sleeping on this macro risk?

The Strait of Hormuz handles roughly 20% of global daily oil supply. With recent geopolitical tensions disrupting shipping, prices have spiked — and India, which imports over 85% of its crude, is now officially in emergency response mode.

What the government just activated:

- Fuel allocation cuts across civilian sectors (healthcare and defense kept whole)

- WFH expansion mandated for government and private companies to reduce commuting demand

- Energy rationing tightened, renewables pushed as the substitute

Why $SOL and $BTC traders should care:

India is one of the largest retail crypto markets by user count. When living costs spike — fuel, food, transport — retail liquidity dries up fast. Less capital chases risk assets. Historically that's a headwind, and the inflation ripple is just starting.

The political risk layer: Modi's government has to balance public fru...