Maritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint. Iran has signaled its readiness to resume crude oil exports, engaging in discussions with India following the lifting of sanctions. This development could significantly ease energy supplies to India, as Tehran seeks to broaden its customer base beyond China.

Maritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint. Iran has signaled its readiness to…

India managed the Strait of Hormuz crisis through higher LPG output, supply diversification and energy measures that protected consumers from disruption.