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Sun, Jun

India asks shipping firms to look out for alternate shipping routes

India asks shipping firms to look out for alternate shipping routes

Asia
India asks shipping firms to look out for alternate shipping routes

Amid worries that the growing crisis between Iran and Israel may impede trade via the Strait of Hormuz, a choke point that handles one-fifth of the world’s total oil supply, the government has instructed maritime companies to keep an eye out for alternative routes.

This decision was given during a June 20 meeting with shipping lines and container companies, among others,

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