India, March 17 -- As the war between Iran and US-Israel rages on even during its third week, with no clear signs of de-escalation, all eyes remain on the Strait of Hormuz that still lies choked because Tehran is controlling which ships pass through.

Amid this blockade, three Indian-flagged ships passed the Strait of Hormuz safely last week after several rounds of talks between leaders of India and Iran.

Around 20 per cent of the world's crude oil and liquefied natural gas (LNG) passes through Strait of Hormuz, and India is the world's fourth largest buyer of the LNG and the second largest of liquefied petroleum gas (LPG).

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As Iran sought to block the Strait of Hormuz, a key passage for oil, India...