The on-again, off-again status of the Strait of Hormuz has sent shockwaves through global shipping. The Hindu reported that Indian vessels were awaiting government clearance to transit, with more than 25 India-bound ships still stuck. Shippers across the region are demanding clarity before risking passage through waters where Iran’s naval forces maintain operational control.
The uncertainty is particularly acute for energy-dependent economies across Asia. Every day the strait remains effectively closed, oil markets tighten and costs ripple through supply chains worldwide.
