New Delhi, July 1 -- Former Indian envoy to Iran Dinkar P Srivastava on Wednesday hailed the conversation between Prime Minister Narendra Modi and Iranian President Masoud Pezeshkian, underlining that it came at a crucial juncture, as Iran seeks to rebuild after the conflict and revive its economic ties with India.

He said the timely conversation comes at a time when Iran has just come out of war, and the peace process is fragile.

"Iran needs to recover its market in India in order to finance reconstruction, and India, in turn, depends on energy security for this region. It used to buy oil, and it should again resume that purchase, but India is also interested in freedom of navigation through Hormuz because it also has relations with Ar...