Indian refiners charter vessels to transit Strait of Hormuz amid rising risk

Indian refining companies are altering shipping tactics by chartering vessels to ensure passage through the Strait of Hormuz, likely in response to heightened security risks in the region. The move signals a proactive adjustment to potential disruptions in a critical oil transit chokepoint, though the specific threat level and scale of chartering remain unclear. This development underscores the vulnerability of global energy supply chains to regional instability.