India considers naval escort for ships in Strait of Hormuz
after close1 source ↓written by the desknot a recommendation
- originates
- 55% of India’s crude oil
India is evaluating the deployment of naval ships to escort its vessels through the Strait of Hormuz amid escalating tensions in the Middle East. This decision follows requests from Indian shipowners for protection in the high-risk zone, which is critical as 55% of India’s crude oil originates from this region. The move aims to ensure safe maritime traffic and secure energy supplies for the country.
Not investment advice. For informational purposes only.