Jaishankar emphasizes dialogue with Iran for tanker safety
after close1 source ↓written by the desknot a recommendation
- which handles
- 20% of global oil trade
External Affairs Minister S. Jaishankar highlighted the need for direct dialogue with Tehran to ensure the safe movement of Indian vessels through the Strait of Hormuz, crucial for energy security. He noted that discussions are already yielding results, aiming to facilitate the reopening of this vital waterway, which handles nearly 20% of global oil trade.
This proactive approach may stabilize energy supply chains and enhance market confidence amid rising tensions in the Middle East.
Not investment advice. For informational purposes only.