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Oman trade pact gives India alternative energy gateway

India has activated a trade deal with Oman that provides an alternative energy gateway, reducing reliance on the Strait of Hormuz amid ongoing disruptions caused by the U.S.-Israeli conflict with Iran. The deal aims to enhance India's oil security.

Energy

Activation of deal boosts Indian oil security as US-Iran agreement takes effect

The India-flagged tanker Desh Garima unloads crude oil in Mumbai on April 30 after transiting the Strait of Hormuz amid disruptions due to the U.S.-Israeli conflict with Iran.  © Reuters

KIRAN SHARMA

June 18, 2026 13:22 JST

NEW DELHI -- India's trade deal with Oman, operationalized this month, could offer an alternative and reliable energy gateway outside the Strait of Hormuz as freight movements along the waterway will likely take time to normalize, even as the U.S. and Iran released their interim ceasefire agreement on Wednesday.

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Nikkei AsiaIndependent🔒Center
Oman trade pact gives India alternative energy gateway

India has activated a trade deal with Oman that provides an alternative energy gateway, reducing reliance on the Strait of Hormuz amid ongoing disruptions caused by the U.S.-Israeli conflict with Iran. The deal aims to enhance India's oil security.

Bias read (Center): The article presents factual information about India's trade deal with Oman without overtly favoring any political perspective. It focuses on the economic implications of the deal and does not include biased language or one-sided sourcing.

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