Iran has announced that the strategically vital Strait of Hormuz will remain open for cargo movement by friendly nations, including India.
The announcement was made by Iranian Foreign Minister Abbas Araghchi, who stated that countries such as China, Russia, Iraq, and Pakistan will also be permitted to transport goods through the crucial maritime corridor.
The move comes in the wake of an appeal by António Guterres of the United Nations, who stressed the importance of keeping the Strait open. He warned that any prolonged disruption could severely impact global supplies of oil, gas, and fertilizers, while worsening humanitarian conditions across the region. Guterres also urged the United States and Israel to take steps toward ending the ongoing conflict in West Asia.
Meanwhile, India’s decision to resume LPG imports from Iran has added further significance to the development. For the first time since 2019, India is set to import LPG from Iran, following a temporary easing of U.S. sanctions. Reports indicate that a vessel carrying LPG is expected to reach Mangaluru port soon, marking a renewed phase in energy trade between the two nations.
The latest move by Iran is expected to ease global trade concerns and provide relief to energy-importing countries amid rising regional tensions.
