Economy · World

Indian oil tankers transit Strait of Hormuz amid reopening

Three Indian-flagged oil tankers carrying a significant cargo and 94 crew members have successfully passed through the Strait of Hormuz. This transit occurred following a US decision to lift its blockade on Iran, which has allowed resumed movement through the vital waterway. India has also increased its oil purchases from Russia and the UAE to ensure energy security amidst ongoing global shipping uncertainties.

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