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THE STRAIT OF HORMUZ & INDIA



  Apr 19, 2024

THE STRAIT OF HORMUZ & INDIA



Geoeconomic Significance:

The Strait of Hormuz plays a crucial role in India’s energy security and economic stability due to its position as a primary route for oil and liquefied natural gas (LNG). About 85% of India’s crude oil and 70% of natural gas imports traverse through this strait. The flow of energy resources through the strait directly impacts global oil prices, and any disruption can lead to significant increases in energy costs for India, affecting the overall economic growth.

Geopolitical Importance:

India’s geopolitical interests in the Strait of Hormuz are substantial, given the strait’s role in regional power dynamics. The strait’s location makes it a focal point of tension between various Middle Eastern countries and global powers. India has to carefully navigate its relationships with both Western countries and regional powers like Iran and Saudi Arabia. India’s foreign policy, particularly regarding the Middle East, is heavily influenced by the need to maintain stable access to energy resources through the strait.

Geostrategic Relevance:

Strategically, the Strait of Hormuz is vital for India’s broader security interests in the Indian Ocean Region. India’s naval strategy involves ensuring that key maritime routes remain open and secure. India participates in multilateral naval exercises and has bilateral security agreements aimed at combating piracy and ensuring maritime security. The stability of the Strait of Hormuz is directly linked to the security of India’s maritime borders and its strategic interests in the broader Indian Ocean realm.

In conclusion, the Strait of Hormuz is pivotal for India, integrating economic, political, and strategic dimensions that define India’s engagement with the broader Middle East region. The country’s approach to this global chokepoint is framed by a need to balance energy requirements with regional stability and international relations.


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