Iran’s Hormuz exemption likely to bring relief to India’s oil importers - The Times of India
Iran has exempted commercial ships from four countries, including India and China, from transit restrictions in Strait of Hormuz, a senior Iranian lawmaker has said, amid continued attacks on vessels attempting to cross the strategic energy corridor. The statement has raised hopes among shipping lines of resuming voyages to transport crude oil, gas and fertilisers after a gap of nearly eight months.