Iran exempts ships from India, China, Iraq, Qatar from Hormuz restrictions
The arrangement is significant for India given its dependence on the Middle East for energy supplies and its wider trade interests in the region.
Read at NDTV(opens in a new tab)
Full coverage
Iran exempts ships from India, China, Iraq, Qatar from Hormuz restrictions (opens Hindustan Times in a new tab)
India imports almost 90% of its crude oil needs and about 30% of these imports currently pass through the Strait of Hormuz.
Iran Exempts India And China From Hormuz Restrictions. Why It Matters (opens NDTV in a new tab)
The arrangement is significant for India given its dependence on the Middle East for energy supplies and its wider trade interests in the region.
