Tehran, March 26 -- Iran has allowed vessels from a group of "friendly nations", including India and Russia, to transit the Strait of Hormuz, Foreign Minister Abbas Araghchi said.
In a post cited by Iran's consulate in Mumbai, Araghchi listed India, China, Russia, Iraq, and Pakistan among those countries whose vessels would be permitted safe passage through the chokepoint, identifying them as "friendly states."The strait - a critical artery for global energy trade - controls the transit of around a fifth of the world's total oil and gas supplies, with its blockade by Iran severely disrupting global maritime trade, and resulting in massive increase in prices across the energy sector, while some countries heavily dependent on energy imports ...