Recently, Prime Minister Narendra Modi stated at a conference that India encourages nations to resolve conflicts through diplomacy and dialogue.
This conflict poses a threat to the lives and security of nearly 10 million Indians living in the Middle East. The Indian government has been continuously engaging with regional countries to ensure the safety of its citizens.
India also has significant strategic interests in Iran. One of the most important is the development and management of the Chabahar Port, a key strategic project that enhances India’s access to Central Asia.
The conflict could also disrupt the International North–South Transport Corridor (INSTC), which aims to facilitate trade between India, Central Asia, and Afghanistan through Iran while bypassing Pakistan.
Additionally, the war raises concerns about global oil security, including for India. Iran has threatened to choke the Strait of Hormuz, through which about 20% of the world’s crude oil supply passes. In response, India has begun discussions with friendly countries to address potential disruptions.
Amid the crisis, Russia has offered India the option to purchase its crude oil at discounted prices. India is carefully assessing its options and working to find the best strategy to manage the evolving situation.
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