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Delhi: Amid the escalating Middle East conflict, Iran assured India not to worry about the Strait of Hormuz blockade. The Iranian Embassy in India said that “Indian friends" are "safe hands." The Strait of Hormuz has been blocked by Iran’s Islamic Revolutionary Guard Corps (IRGC) since the start of the conflict, following airstrikes by the United States and Israel on Tehran on February 28. “Our Indian friends are in safe hands, no worries,” the Iranian embassy wrote on X. Notably, the strait is a narrow waterway between Iran and Oman that connects the oil- and gas-producing Gulf countries to the rest of the world. Nearly one-fifth of the total energy trade happens through this route.
Last month, Iran's Foreign Minister Abbas Araghchi said Tehran would permit ships from "friendly nations", including China, Russia, India, Iraq and Pakistan, to pass through the Strait of Hormuz. After the conflict, there has been a sharp decline in shipping through the strait.
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The IRGC is attacking merchant vessels of the US and its allies passing through the critical waterway. Still, hundreds of ships have been started in the strait. The disruption in shipping routes had a large-scale impact on global energy markets. Oil markets have already shown volatility.
Trump On Strait Of Hormuz:In his address to the nation, US President Donald Trump talked about disruption in global oil supplies amid the ongoing Iran War, suggesting countries could either "buy oil from the United States" or "go to the strait (Strait of Hormuz) and just take it." Expressing confidence that the situation in the Strait of Hormuz would stabilise, he added that the critical shipping lane would "open up naturally," even as tensions in the region continue to rattle energy markets.
Also Read: Strait Of Hormuz To Remain Closed? Trump May End Iran War Without Reopening Key Waterway: Report"We import no oil from the Strait of Hormuz and won’t need it in future," Trump said, adding that countries reliant on the passage "must take care of that" and "should take the lead."Suggesting alternatives, Trump said those unable to do so could "buy oil from US", while also calling on nations to "build up some delayed courage and take it, protect it and use it for yourselves," insisting that "the hard part is done" and that the strait "will open up naturally."