Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese have called on all parties to exercise restraint and de-escalate tensions in the Gulf, according to a report by The Hindu.
The joint appeal underscores the growing international concern over maritime security in the region, with both leaders emphasizing the need for diplomatic solutions to prevent further disruption to global trade routes.
The diplomatic push comes as U.S. President Donald Trump has announced a pause in new military actions against Iran, following appeals from Gulf allies.
This development marks a potential shift in the trajectory of the conflict, offering a window for de-escalation after a period of heightened military activity.
The pause in U.S. operations is seen as a critical step toward stabilizing the region, which has been a focal point of global energy and shipping markets.
Markets are likely to monitor the situation closely for any signs of sustained calm.