New Delhi, March 16 -- External Affairs Minister S Jaishankar has clarified that India has not reached any 'blanket arrangement' with Iran regarding the India-flagged vessels that recently passed through the Strait of Hormuz amid escalating conflict in the Middle East.

The Minister, in an interview with the Financial Times, said that 'every ship movement is an individual happening'. He also denied that Iran had received anything from India in exchange for allowing the vessels to pass through the chokepoint.

"It's not an exchange issue," Jaishankar said.

"India and Iran have a relationship. And this is a conflict that we regard as something very unfortunate."

Jaishankar hailed direct talks with Iran as the most effective way to restart...