India to discuss an alternative maritime route for oil from Russia
India to discuss an alternative maritime route for oil from Russia This comes amid high tension between Iran and European countries in the Strait of Homuz last month Current Affairs :- With the pressure among Iran and the US affecting development of oil freight, India is taking a gander at an option sea course by means of Vladivostok port in Russia’s far eastern district, through the South China Sea and Malacca. The issue will be talked about during Prime Minister Narendra Modi’s visit to Russia beginning September 4. Modi will go to the Eastern Economic Forum in Vladivostok from September 4 to 6. This comes in the midst of high strain among Iran and European nations in the Strait of Homuz a month ago. Iran even conveyed two warships in the locale. The new course is probably going to make speculation by organizations like ONGC Videsh (OVL) reasonable in Russia. It will likewise lessen the time in bringing condensed gaseous petrol (LNG) and raw petroleum to India. “It...