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StockYard ( SEBI RA )

26th Mar · SEBI-Registered Analyst

🌍 Iran Allows Safe Passage for India Through Strait of Hormuz

Iran’s Foreign Minister Abbas Araghchi said Tehran has permitted vessels from friendly nations, including India, to pass through the Strait of Hormuz. The list also includes China, Russia, Iraq and Pakistan, as confirmed by Iran’s Consulate in Mumbai. This move comes amid rising geopolitical tensions in the region affecting global oil routes. The Strait of Hormuz is a key global oil shipping route, making this decision important for energy supply stability. The development provides some relief to countries dependent on oil imports, including India. #Iran #StraitOfHormuz #GlobalOil #India #Geopolitics

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