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Reports suggested Iran would permit Indian oil tankers to pass through the Strait of Hormuz, but Tehran swiftly denied any such agreement. This crucial waterway handles approximately 40% of India's crude oil imports.

Report: Indian Oil Tankers to Transit Strait of Hormuz

Reports indicate that Iran will allow Indian-flagged oil tankers to transit the Strait of Hormuz. According to Reuters, an Indian government source confirmed this on Thursday (local time). The Strait of Hormuz is a vital maritime chokepoint through which approximately 40% of India's crude oil imports pass.

This development is drawing attention due to its potential impact on India's energy transport stability and international maritime shipping.

Iran Denies 'Agreement'

However, an Iranian source abroad denied that such an agreement had been reached. Tehran's denial has increased uncertainty regarding the veracity of the report.

Iran's policy concerning the Strait of Hormuz remains a closely watched issue, given its critical implications for international shipping and the global crude oil market.

*Source: France24 (2026-03-12)*

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