Iran's decision to reopen the Strait of Hormuz provides a much-needed boost to India, which depends on this vital waterway for nearly 50% of its oil imports. The reopening comes amid the ongoing Iran-US ceasefire, allowing approximately 15 Indian-flagged merchant vessels to transit the strait. This development has also resulted in a significant decline in Brent crude oil prices, which had surged to $119 per barrel during the conflict but fell below $90 following the announcement. Indian officials have emphasized the importance of safe trade and shipping in their discussions with leaders from the US and Iran. Despite the positive news, there are concerns regarding toll fees for transiting vessels, which Indian officials have not yet discussed with Iran. Meanwhile, India has deployed warships in the Gulf of Oman for escorting merchant vessels but has not committed to a multilateral security force in the region. The Indian government continues to engage with West Asian countries to ensure stable energy supplies and address potential infrastructure damage in the region.