India-Oman trade pact: Govt builds ‘Plan B’ amid Hormuz crisis – why deal is key for energy future

Amidst Middle East chaos impacting the Strait of Hormuz, India’s new free trade agreement with Oman, effective June 1, offers a strategic alternative. Oman’s location outside the Strait provides a reliable gateway for trade and energy, as evidenced by recent import surges from the nation.