Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Another India-Bound LPG Tanker Crosses Hormuz Amid Middle East Tensions, Boosts Supply Hopes
(MENAFN- IANS) New Delhi, April 4 (IANS) An India-bound LPG tanker has begun its journey through the strategically crucial Strait of Hormuz, offering some relief to concerns over energy supplies amid the ongoing West Asia conflict.
The vessel, Green Salvi, is carrying more than 46,000 metric tonnes of liquefied petroleum gas (LPG) and is expected to exit the narrow waterway by early morning, according to the sources.
The shipment is likely to play an important role in supporting India’s domestic cooking gas supply at a time when global energy routes remain under stress.
Sources said the tanker is not sailing alone. It is leading a convoy of three Indian LPG carriers moving through the Strait, making it the seventh India-bound vessel to cross the chokepoint since the conflict in the region began.
The safe passage of these vessels comes after clearance from Iran, with the Islamic Revolutionary Guard Corps Navy facilitating their transit.
The ships have been designated as belonging to a“friendly nation,” following coordination through diplomatic channels between Tehran and New Delhi.
According to sources, the tanker is currently taking a southern route closer to the coast of Oman.
This path has been increasingly used by vessels seeking safer transit, as it avoids the northern lane that typically falls under tighter Iranian control.
Two other Indian LPG carriers are also expected to pass through the Strait in the coming hours. So far, no untoward incidents have been reported, and all vessels are likely to continue their journey towards Indian ports once they clear the region.
The development comes against the backdrop of the ongoing conflict in West Asia, which began after joint strikes by the United States and Israel on Iran on February 28.
The tensions have disrupted global energy supply chains and raised concerns for countries like India that depend heavily on oil and gas imports from the Gulf region.
MENAFN04042026000231011071ID1110941503