“Amid reports of LPG carriers stuck in the Strait of Hormuz, ensuring safe passage for LPG cargo bound for Indian shores remains critical, especially given the Iranian government’s indication that non-US and non-Israeli vessels will be allowed through, and the strength of the India-Iran diplomatic standoff. As the route continues to pass through an active conflict zone, it can supply material to any maritime challenge in India,” stated. Mitra, Partner, Grant Thornton Bharat.
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