economy
March 24, 2026
Modi: Strait of Hormuz shipping ‘highly challenging’ amid Middle East conflict
Prime Minister Narendra Modi warns of Middle East trade disruptions, citing risks to India’s oil and gas supplies via the Strait of Hormuz.
TL;DR
- The movement of ships through the Strait of Hormuz is facing significant challenges due to the Middle East conflict.
- India imports a substantial amount of its oil and natural gas through the Strait of Hormuz.
- The Indian government is focused on ensuring minimal disruption to petrol-diesel and gas supplies for its citizens.
- The conflict is adversely affecting the global economy and people's lives, leading to global calls for resolution.
- India advocates for peace, dialogue, and diplomacy to resolve the crisis.
- Nearly ten million Indians reside and work in Gulf countries, and many Indian crew members are on commercial ships in the region, increasing India's concerns.
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