Key facts
- India has a new trade deal with Oman operationalized this month.
- The trade deal provides India an energy gateway outside the Strait of Hormuz.
- This deal enhances India's energy and economic security.
- Indian Prime Minister Narendra Modi met with U.S. President Donald Trump at the G7 summit.
- Discussions between Modi and Trump included trade and the safety of Indian sailors.
- Modi highlighted the importance of the Strait of Hormuz for global trade and seafarer security.
India has established a new energy gateway outside the Strait of Hormuz through a trade pact with Oman, which became operational this month. This strategic development is expected to bolster India's energy and economic security, providing a vital alternative route amidst ongoing geopolitical instability and disruptions in the region. The deal offers India enhanced resilience against potential disruptions to maritime trade through the Strait of Hormuz.