Despite diplomatic talks between Iran and India, Iran has rejected reports of giving unconditional passage to Indian tankers in the Strait of Hormuz. Earlier it was reported that Indian ships would get safe passage after talks between India’s Foreign Minister S. Jaishankar and Iran’s Foreign Minister Abbas Araghchi. However, Iran’s government media and military sources have made it clear that no country has been given special exemption or green corridor.
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What are Iran’s new rules and safety protocols?
Naval Force Commander of Iran’s Revolutionary Guard Corps (IRGC), Alireza Tangsiri, has clarified that every ship passing through Hormuz must first obtain permission from Iran. Iran’s military command Khatam Al-Anbiya has also reiterated that no ship will be allowed passage without prior approval. The following things are required under the current rules:
All ships will have to take prior approval from Iran for transit. Ships entering the waterway without clearance can be targeted. A complete ban will continue on ships belonging to the US, Israel and EU countries. Indian ships are being approved only on a case-to-case basis.
What effect will this have on Indian oil supplies and shipping?
India imports more than 50 percent of its crude oil and natural gas needs through this route. Due to lack of general exemption, Indian ships remain at risk. Insurance premiums for ships passing through the region have increased by up to 50 percent in the last 48 hours. Marine tracking data regarding vessel safety is as follows:
Ship Name Current Status Safety Update MT Pushpak gets case-to-case clearance in transit MT Parimal gets case-to-case clearance in transit Shenlong Suezmax reaches Mumbai port and emerges safe with AIS turned off
Indian Directorate General of Shipping has already issued advisory for seafarers. Iran says that the main reason for insecurity in Hormuz is the activities of America and Israel. This situation remains very important for India regarding energy security as ships now have to follow Iran’s strict rules.