Brief by Shorts91 Newsdesk / 04:01am on 05 Mar 2026,Thursday India Global
At least 37 Indian-flagged ships carrying 1,109 seafarers are stranded around the Strait of Hormuz amid escalating US-Israel-Iran tensions. The Indian National Shipowners’ Association confirmed the vessels are positioned across the Persian Gulf and Gulf of Oman, with some awaiting cargo and others fully laden, and urged government intervention to secure safe passage. The Islamic Revolutionary Guard Corps announced closure of the strait and threatened action against vessels attempting transit, sharply reducing maritime traffic. Nearly 46 per cent of India’s crude imports pass through Hormuz, and about a fifth of total imports could face disruption. Prolonged instability risks higher freight, insurance costs, inflation and supply chain pressures. (PC: X)
