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The Economic Times

Economy / The Economic Times

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10 foreign ships with energy cargo for India stranded in Persian Gulf

Ten foreign-flagged ships carrying energy cargo are stranded in the Persian Gulf, with 18 Indian vessels also in the region, raising concerns over Strait of Hormuz transit. The government prioritizes Indian ships, with two LPG carriers having successfully passed. Insurance costs have significantly increased due to the heightened risk.

31 Mar 2026 3:39 pm