Dehradun, June 5 -- Indian diplomacy has been in overdrive mode ever since it has become clear that the Strait of Hormuz standoff is not going to be resolved soon. Also, the incident has made it obvious that such bottlenecks remain a threat to the world economy and, wherever possible, diversification of resources needs to be done, even if there are higher costs involved in the interim. It is no surprise, therefore, that leaders and other senior representatives of many countries are being hosted in Delhi, while the PM and External Affairs Minister have been on foreign trips to finalise agreements that would help in the diversification process.
In the immediate context, India is managing the Strait of Hormuz crisis through a combination of s...