India Divests Chabahar Port Stake

India is preparing to divest its stake in the Iran — Chabahar Port project by transferring its holding in Bharat Global Ports Chabahar Free Zone to an Iranian entity. This decision comes as the extended US sanctions waiver on India's operations at Iran — Chabahar Port is set to expire. The move aims to insulate Bharat Global Ports from potential US sanctions, which were reviewed and partially withdrawn by the United States administration. India has invested approximately $120 million in the port, which is strategically important for providing access to Afghanistan and Central Asia, bypassing Pakistan, and serving as a key node in the International North–South Transport Corridor. An interim arrangement is being explored where an Iranian operator would manage the port, with the possibility of India resuming operational control once restrictions ease. This recalibration reflects India's effort to balance its ties with Iran against its strategic relationship with the United States.