“Amid reports of LPG carriers being stranded in the Strait of Hormuz, ensuring safe passage for LPG cargoes bound for Indian shores remains critical, especially given the Iran government’s indication that non-US and non-Israeli vessels will be permitted transit and the strength of India-Iran diplomatic engagement. However, as the route continues to pass through an active conflict zone, any maritime incident could materially disrupt supplies and pose operational challenges for deliveries in India,” said Sourav Mitra, partner, Grant Thornton Bharat.
India taps Iran for safe passage of six LPG, two oil vessels via Hormuz strait
