New Delhi:
As Iran continues its chokehold on the important Strait of Hormuz, Prime Minister Narendra Modi spoke to the nation’s President, Masoud Pezeshkian, and reaffirmed the significance of safeguarding freedom of navigation.
Following assaults by Israel on Iran’s largest gasoline subject, South Pars, and retaliatory strikes, together with on Qatar’s key Ras Laffan LNG advanced, the Prime Minister additionally spoke out towards the concentrating on of essential infrastructure, emphasising that it threatens stability and disrupts essential provide chains.
In a put up on X on Saturday, PM Modi wrote, “Spoke with President Dr. Masoud Pezeshkian and conveyed Eid and Nowruz greetings. We expressed hope that this festive season brings peace, stability and prosperity to West Asia. Condemned attacks on critical infrastructure in the region, which threaten regional stability and disrupt global supply chains.”
Spoke with President Dr. Masoud Pezeshkian and conveyed Eid and Nowruz greetings. We expressed hope that this festive season brings peace, stability and prosperity to West Asia.
Condemned assaults on essential infrastructure within the area, which threaten regional stability and…
— Narendra Modi (@narendramodi) March 21, 2026
“Reiterated the importance of safeguarding freedom of navigation and ensuring that shipping lanes remain open and secure,” he mentioned, including that he appreciated Iran’s continued help for the security and safety of Indians within the nation.
Nearly 20% of worldwide oil and gasoline exports stream via the Strait of Hormuz, a slim waterway between Oman and Iran. The stakes are even increased for India as roughly 40% of the oil, over 50% of the liquefied pure gasoline (LNG) and the majority of the LPG that the nation imports stream via this route.
In an announcement on the dialog, the Iranian embassy in India mentioned Pezeshkian emphasised that Iran had not began the struggle. Referring to India’s rotating presidency of BRICS, Pezeshkian referred to as for the group to play an unbiased function in “halting aggressions against Iran and in safeguarding regional and international peace and stability”.
“Referring to his consultations and discussions with various world leaders, PM Modi emphasised that choosing the path of war is in no one’s interest; therefore, all parties should move toward peace as soon as possible,” the embassy mentioned.
Centre On Energy Stocks
The Centre mentioned on Saturday that the nation has adequate shares of petrol and diesel, and home LPG manufacturing from refineries has been elevated.
The Ministry of Petroleum and Natural Gas additionally introduced that 5 kg Free Trade LPG (FTL) cylinders can be made accessible to migrant labourers.
“Government has already restored Partial Commercial LPG supply (20%) to consumers. Further, Government of India vide letter dated 18.03.2026 has proposed to allocate additional 10% of Commercial LPG to States/UTs based on ease of doing business reforms for PNG expansion,” the ministry mentioned in an announcement.
“The Government of India vide letter dated 21.03.2026 has allowed another 20% allocation of commercial LPG to States, which would take overall allocation to 50% (including 10% allocation based on ease of doing reforms for PNG expansion). This additional 20% allocation shall be given on priority to sectors like restaurants, dhabas, hotels, industrial canteens, food processing/dairy, subsidised canteens/outlets run by state governments or local bodies for food, community kitchens, 5 Kg FTL for migrant labourers,” it added.
Earlier Talks
In a dialog with Pezeshkian on March 12, the Prime Minister had expressed deep concern over the state of affairs within the Middle East and referred to as for the “unhindered” motion of vitality provides.
“The safety and security of Indian nationals, along with the need for unhindered transit of goods and energy, remain India’s top priorities. Reiterated India’s commitment to peace and stability and urged for dialogue and diplomacy,” PM Modi had mentioned after the decision.
