Amidst US blockade of Iranian ports in the Strait of Hormuz, India reiterates its call for 'unimpeded freedom of navigation and global flow of commerce' through the critical chokepoint. This is vital as 40% of India's crude oil imports and 55-60% of its LNG imports transit this waterway, with oil prices already crossing $100 per barrel.
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1-Minute Revision
- ›Strait of Hormuz Oil Transit: About 20% of global oil & LNG
- ›India's Crude Import via Strait: 40% of total imports
- ›Target this Data: 40% of India's crude oil imports transit the Strait of Hormuz.
- ›Target this Nodal Body: The US Central Command (CENTCOM) is enforcing the blockade.
- ›Target this Legal Point: The principle of 'unimpeded freedom of navigation' under UNCLOS.
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