India's Trade Resilient Amid Hormuz Disruptions

India's foreign trade has not been greatly affected by the closure of the Strait of Hormuz, according to Union Minister Sarbananda Sonowal.

While 95% of India's trade is done through maritime routes, the country has been using alternative routes to reach Europe, Africa, the USA, and even Russia.

This has helped maintain trade stability.

However, the minister acknowledged that if the Strait of Hormuz remains closed for a long time, trade with Gulf countries could be affected.

The Gulf countries produce 60% of the world's oil and gas, so the frequent closure of the strait is a challenge.