India has received a major boost to its energy security after Iran confirmed that the Strait of Hormuz will remain open for Indian ships amid rising tensions in the Middle East.
Iran’s Foreign Minister Abbas Araghchi announced that India is among five countries considered “friendly,” along with China, Russia, Iraq and Pakistan. Vessels from these nations will be allowed safe and uninterrupted passage through the key oil transit route.
The Strait of Hormuz is crucial for global energy trade, with about one-fifth of the world’s oil passing through it. Any disruption in this region can lead to sharp increases in oil prices and affect fuel availability worldwide.
For India, which depends heavily on imported crude oil, this decision comes as a significant relief. Continued access to the Strait ensures that oil and gas shipments can reach the country without major delays or disruptions.
Early signs indicate that the arrangement is working smoothly. Indian LPG carriers have already crossed the Strait safely, and shipping operations remain stable. This has helped ease concerns about potential supply shortages.
The development comes during a period of heightened geopolitical tension, where restrictions on the Strait had raised fears of a global energy crisis. By allowing select countries access, Iran appears to be balancing its strategic interests while avoiding a complete shutdown of trade routes.
