Shipping Resumes Through Hormuz Strait

The situation in the Strait of Hormuz appears to be stabilizing following the peace agreement between the United States and Iran. According to Ministry of External Affairs spokesperson Randhir Jaiswal, 11 vessels linked to India have successfully crossed the strategically important waterway since the agreement was signed. India continues to closely monitor developments in West Asia while ensuring energy security and safeguarding national interests through diversified crude oil imports.

Jaiswal stated that ten Indian-flagged vessels remain in the Persian Gulf, while two additional ships have recently entered the region. Among the vessels that crossed Hormuz are three Indian-flagged crude oil tankers carrying approximately 2.85 lakh metric tonnes of crude oil each, one foreign-flagged LPG carrier, another foreign-flagged crude oil tanker, and six foreign-flagged fertilizer cargo vessels. He also indicated that the remaining Indian vessels are expected to transit the strait soon. On the possibility of importing oil from Iran, Jaiswal said India's priority remains providing affordable fuel to its 1.4 billion citizens, while recent changes in sanctions-related dynamics could create opportunities for Indian companies to explore purchases from Iranian suppliers.