India prepares major shift in oil supply strategy through Hormuz Strait. After shipping virtually halted since the Iran conflict began in late February, India is finalizing plans to resume tanker operations through one of the world's most critical energy chokepoints. State-owned Shipping Corporation of India awaits government and Navy approval to resume Persian Gulf operations. The Strait of Hormuz handles roughly one-fifth of global oil flows, and India, the world's third-largest crude importer, has faced significant supply disruptions and price shocks. Indian Navy has already doubled warships in the region and increased aerial surveillance. Success depends on tacit approval from both Iran and the US, who separately control access to the waterway. India prefers Middle East suppliers over costlier, slower alternate sources.
