India’s National Security Advisor Ajit Doval has endorsed the reopening of the Strait of Hormuz, describing the development as a positive step for global energy security and trade flows.
Speaking at the BRICS conclave, Doval emphasized that restoring free passage through the chokepoint would alleviate persistent supply chain bottlenecks, particularly in critical sectors such as fertilizers and chemicals.
The comments align with a broader diplomatic push to normalize shipping routes in the Persian Gulf.
Pakistan has also voiced support for free passage through the strait as talks between the US and Iran resume, suggesting a coordinated regional effort to reduce transit risks.
Satellite imagery and on-the-ground reports have recently indicated a potential easing of tensions in the corridor, reinforcing the narrative of de-escalation.
For market participants, the stabilization of the Strait of Hormuz is a key variable in energy and freight pricing.