India and Iran are using the BRICS meetings in New Delhi to bargain safe passage for Indian energy ships stuck around the Strait of Hormuz, and this also ties into wider West Asia tensions and BRICS politics.<\/p>\n
India depends heavily on crude and LPG supplies that move through the narrow Strait of Hormuz, so any blockage quickly becomes a pocket-book issue for households and a macro issue for the rupee. Recent fighting in West Asia and Iranian actions have left dozens of India-bound or India-flagged tankers waiting west of the strait, so freight and insurance costs are rising and planners in Delhi are worried about disruptions. So New Delhi is now using every forum, and BRICS is the latest and most political one, to push Tehran for predictable, rules based access for its ships while avoiding getting dragged into the US Iran Israel confrontation.<\/p>\n
This week Iran\u2019s deputy foreign minister is in Delhi for the BRICS Sherpa and foreign ministers\u2019 meetings, and Indian officials plan focused talks on clearing Indian tankers that are unable to cross Hormuz and on a more stable navigation arrangement. Tehran has already signalled that India is a friend and has allowed a few Indian flagged carriers through, but it also wants BRICS solidarity against US and Israeli military pressure and is nudging India, as current BRICS chair, to shape a strong common statement. So the Hormuz safe passage discussion is not only about shipping lanes; it is also about how India balances energy security, its ties with Iran and the Gulf, and its leadership role in a larger non Western grouping that is divided over the West Asia war.<\/p>\n","protected":false},"excerpt":{"rendered":"
India and Iran are using the BRICS meetings in New Delhi to bargain safe passage for Indian energy ships stuck around the Strait of Hormuz, and this also ties into wider West Asia tensions and BRICS politics. India depends heavily on crude and LPG supplies that move through the narrow Strait of Hormuz, so any… Read More »Can BRICS talks really unlock safe passage for Indian ships in Hormuz<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-4742","post","type-post","status-publish","format-standard","hentry","category-economy-2"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=4742"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4742\/revisions"}],"predecessor-version":[{"id":4743,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4742\/revisions\/4743"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=4742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=4742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=4742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}