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The Economic Times

Top News / The Economic Times

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Modi-govt walks fine line between Iran and US as war hits economy

India is intensifying diplomatic engagement with Iran amidst severe gas shortages and economic threats due to Middle East conflict. New Delhi secured safe passage for LPG tankers through the Strait of Hormuz, balancing its strategic ties with the US and Iran. This move follows recent high-level talks aimed at hedging its position.

16 Mar 2026 9:53 am