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Iran exempts ships from India, China, Iraq, Qatar from Hormuz restrictions

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Iran exempts ships from India, China, Iraq, Qatar from Hormuz restrictions
Photo / Coverage: Hindustan Times - Latest
EXECUTIVE SUMMARY

India imports almost 90% of its crude oil needs and about 30% of these imports currently pass through the Strait of Hormuz.

Key Takeaways

  • Iran exempts ships from India, China, Iraq, Qatar from Hormuz restrictions.
  • India imports almost 90% of its crude oil needs and about 30% of these imports currently pass through the Strait of Hormuz.
  • India imports almost 90% of its crude oil needs and about 30% of these imports currently pass through the Strait of Hormuz.

India imports almost 90% of its crude oil needs and about 30% of these imports currently pass through the Strait of Hormuz.

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