Iran Assures India on Oil Supply Through Hormuz Strait

Odisha Bhaskar: India is reassured. Iran has said that there is no problem if oil comes to India through the Harmuz system. But Iran has said that the enemy country will not let the ships of the United States or other countries pass through the Harmuz system. This means that there is very little chance of seeing an oil crisis in India. Because oil can come to India through the Harmuz system. What was the problem with the closure of the Harmuz system: Oil prices went up after the Iranian army closed the Harmuz system. Qatar Energy, one of the world's largest exporters, has stopped production after attacks on its production sites, which has also increased the price of natural gas all over the world. These events have caused concern in India, it meets about 85 percent of India's oil needs. India's External Affairs Minister S. Jaishankar spoke to Iran's Foreign Minister Seyyed Abbas Araghchi on the phone today. The two leaders discussed the deterioration of the situation in the Middle East. India also suffered the biggest loss of Iranian oil.