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...

By Rakesh Sharma · Bloomberg Markets

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.