India Assures Safe Passage Strait of Hormuz
Analysis based on 7 articles · First reported Mar 24, 2026 · Last updated Mar 24, 2026
The safe passage of Indian LPG carriers through the Strait of Hormuz and assurances from the India — Ministry of Ports, Shipping and Waterways and Narendra Modi are expected to positively impact market sentiment regarding India's energy security. However, the virtual closure of the Strait of Hormuz by Iran continues to pose a significant risk to global energy markets and trade, potentially leading to increased oil and gas prices.
Amid global concerns over energy supply disruptions due to conflict in West Asia and the virtual closure of the Strait of Hormuz by Iran, the India — Ministry of Ports, Shipping and Waterways assured that all Indian ships and sailors in the Persian Gulf region are safe. Special Secretary Rajesh Sinha confirmed that two Indian-flagged LPG carriers, Pine Gas and Jag Vasant, safely crossed the Strait of Hormuz and are en route to India with significant quantities of Liquefied petroleum gas. Prime Minister Narendra Modi also addressed the situation, assuring India of sufficient Petroleum reserves and robust arrangements for continuous supply, highlighting the expansion of strategic petroleum reserves and increased refining capacity. The disruptions stem from the killing of Iran's Supreme Leader, Ali Khamenei, on February 28 in joint military strikes by the United States and Israel, followed by retaliatory strikes and Iran's actions regarding the Strait of Hormuz.
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