India's Economic Partnership with Oman Gains Strategic Relevance Amid Hormuz Tensions
With the Strait of Hormuz at risk due to rising tensions involving Iran, India benefits from its recently implemented Comprehensive Economic Partnership Agreement (CEPA) with Oman. The agreement provides preferential access for Indian exports and offers an alternative trade route outside the strait's reach.
Topics: CEPA agreement energy security India Oman Strait of Hormuz crisis