"Robust sytem built over 10-12 yrs acted as shock-absorber": Former ONGC Exploration Director on India's response to Hormuz-linked energy crisis
New Delhi [India], June 29 (ANI): The US-Israel strike on Iran on February 28 and the corresponding response from Iran paralysed the movement of sea traffic in one of the most important chokepoints of global energy trade- 'The Strait of Hormuz'. With a tenous peace deal in place and a 60-day negotiation between the two sides ongoing, the Strait is finally seeing free movement of tankers and ships.