India Secures Strait Of Hormuz Access As Iran Allows Friendly Nations While Restricting US And Western Shipping
Iran has allowed vessels from five friendly nations, including India, to pass through the Strait of Hormuz, while restricting access to US and Western shipping. The move provides crucial relief for India, which imports a significant portion of its crude oil and liquefied natural gas through the narrow channel.
Iran has confirmed that vessels from India, Russia, China, Pakistan, and Iraq can pass through the Strait of Hormuz. The strait is a vital waterway for global oil and gas trade. Iran imposed restrictions on the strait after joint military strikes by the US and Israel. The temporary blockade triggered a sharp rise in global oil prices and disrupted supply chains. Indian-flagged gas carriers and oil tankers have successfully crossed the strait in recent weeks. Iran's foreign minister defended the country's control over the strait, saying it would not grant clearance to vessels from the US, Israel, and certain Gulf nations.
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