India in talks with US on Trump’s proposal to provide risk insurance to energy cargoes transiting Strait of Hormuz

India in talks with US, seeks clarity on insurance for tankers and vessels

India is in discussions with the United States. The talks focus on a proposed insurance plan for oil tankers. This plan aims to secure passage through the Strait of Hormuz. The US is offering this cover to ensure trade flow in the Gulf. India's crude oil imports are significantly impacted by disruptions in this vital shipping route.

Trump's Gulf of Hormuz Maritime Security and Insurance Proposal

Following U.S.

India in talks with US on Trump’s proposal to provide risk insurance to energy cargoes transiting Strait of Hormuz

Natural gas supplies to some sectors in India have already been reduced in the anticipation of tighter LNG deliveries.

India Seeks Clarity From US on Strait of Hormuz Insurance Plan

India has held talks with the US to seek clarity on a proposed mechanism to provide insurance for oil tankers and other vessels transiting the Strait of Hormuz, according to a government official familiar with the matter.

Trump’s Gulf of Hormuz Maritime Security and Insurance Proposal

Photo: Strait of Hormuz. W. Bulach, CC BY-SA 4.0, via Wikimedia Commons. Following U.S. and Israeli strikes on Iran beginning February 28, 2026, a senior IRGC official declared the Strait of Hormuz closed and threatened to set ablaze any vessel attempting to transit. The strait is one of the most important global energy chokepoints, carrying about 20 percent of the world’s oil supply, roughly 20.3 million barrels per day in 2024. An Iranian Revo…

Strait of Hormuz escorts risk triggering Iran anti-ship missiles

Strait of Hormuz escorts risk triggering Iran anti-ship missiles Gerry Doyle Bl… Fri, 03/06/2026 - 13:39 Body President Donald Trump’s suggestion that the U.S. would insure and protect oil tankers and other vessels passing through the Strait of Hormuz may potentially bring Iran’s anti—ship missiles into play, adding a new dimension to a conflict largely defined by air power.Iran is known to have at least six types of such missiles, according to…