Brief by Shorts91 Newsdesk / 12:50pm on 12 Mar 2026,Thursday India Global
Amid escalating tensions in West Asia, Iran has reportedly assured India that oil tankers flying the Indian flag will be allowed safe passage through the strategically vital Strait of Hormuz. An Indian source said the understanding came after diplomatic discussions between S. Jaishankar and his Iranian counterpart to safeguard Indian shipping. The route carries nearly 40% of India’s crude oil imports, making it critical for the country’s energy security. However, an Iranian source outside the country denied that any formal agreement exists. The development comes amid attacks on merchant vessels and rising regional conflict, raising concerns over global oil supplies and maritime safety. (PC: Reuters)
