Iran Assures India of Safe Passage Amid Strait of Hormuz Tensions
'Indian friends in safe hands, no worries': Iran assures India of safe passage in Hormuz amid escalating war crisis
The Economic TimesImage: The Economic Times
Iran has assured India that its vessels are safe in the Strait of Hormuz, a critical shipping route amid rising tensions due to the US-Israel offensive on Tehran. India, which recently resumed energy imports from Iran, is among the few nations allowed to transit the strait during the conflict.
- 01Iran reassured India of safe passage for its vessels in the Strait of Hormuz.
- 02The strait is crucial for global oil trade, handling one-fifth of it.
- 03India recently purchased LPG from Iran, resuming trade halted since 2019.
- 04The UN Security Council will vote on a resolution to protect shipping in the strait.
- 05China opposes the use of force to protect shipping, citing potential escalation.
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Iran has provided assurances to India regarding the safety of its vessels in the Strait of Hormuz, a vital shipping route that has seen increased tensions due to the ongoing US-Israel offensive against Tehran. The Iranian embassy in India stated that Indian vessels are 'in safe hands' and emphasized that only Iran and Oman will determine the future of the strait. India is one of the few countries permitted to transit this critical chokepoint, which is responsible for one-fifth of global oil trade. Recently, India resumed its energy engagement with Iran by purchasing its first LPG cargo since 2018, following a halt in imports due to Western sanctions. The UN Security Council is set to vote on a resolution aimed at protecting commercial shipping in the strait, with opposition from China, which argues that authorizing force could escalate tensions. Meanwhile, Bahrain's Foreign Minister condemned Iran's actions as an unlawful attempt to control navigation, prompting international support for Bahrain's resolution.
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This assurance from Iran may stabilize India's energy supply and trade relations, potentially influencing fuel prices domestically.
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