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Close, open, close again: Can India find a way out of Hormuz logjam?

Iran’s USD1 war toll on each barrel of oil passing through the Strait of Hormuz could add nearly INR10,000 crore to India’s annual import bill. While the toll is a direct breach of ‘transit passage’ rights, India can use four key diplomatic and legal levers to secure its interests.

from Economy-Prime-Economic Times

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