Another Indian oil tanker crosses Hormuz as Iran shuts Strait for US
An Indian oil tanker, Desh Garima, successfully navigated the Strait of Hormuz amidst heightened regional tensions and conflicting reports from Iran regarding its status. This passage highlights ongoing maritime activity despite concerns over the vital oil route. The Indian government has also bolstered support for the shipping sector with a significant insurance pool to counter rising costs and stricter approvals.