After nearly eight months of disruption, Iran is reportedly preparing to allow Indian ships to pass through the strategically important Strait of Hormuz. However, the passage will come at a cost, as Indian vessels may have to pay a transit fee to cross the crucial waterway. This development could have significant implications for India’s energy security, international trade and maritime operations. The Strait of Hormuz is one of the world’s most important shipping routes, connecting the Persian Gulf with global markets. Why has Iran agreed to this arrangement? How much will Indian ships have to pay? What does this mean for India’s oil imports and economy?
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Production: Raksha Singh
Video Editor: Udit
