
India among five nations granted passage through Strait of Hormuz by Tehran
The Hindu
Iran allows India and four other nations to transit the Strait of Hormuz amid rising global oil and gas prices.
Iran allowed India and a number of other "friendly nations" including China and Russia to use the Strait of Hormuz for commercial shipping, Iranian Foreign Minister Seyed Abbas Araghchi has said.
Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the Gulf of Oman, that handles roughly 20% of global oil and LNG (Liquefied Natural Gas).
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West Asia has been a major source of India's energy procurement.
"We have permitted certain countries that we consider friendly to pass through (Strait of Hormuz). We allowed China, Russia, India, Iraq, and Pakistan to transit," Mr. Araghchi said, according to Iranian State TV.
At the same time, the Iranian Foreign Minister made it clear that ships linked to Iran's adversaries will not be allowed to transit through the strategic waterway.

When the conflict in West Asia, which began with the U.S. and Israel’s attack on Iran on February 28, escalated into a regional war, analysts said that the war would last as long as Iran had missiles or until the Gulf nations ran out of interceptors. However, with “emergency” military sales, piling monetary costs and a strained supply chain, is the U.S. becoming too constrained in its effort to keep the war going — both militarily and monetarily?












