As a result of the attacks on Iran and Tehran's retaliatory strikes, transit through the Strait of Hormuz between Iran and Oman, which carries around one-fifth of oil consumed globally
Analysts at Centrum Research estimated aggregate industry volumes rose about 13 per cent Y-o-Y and 12 per cent sequentially, aided by a rebound in non-trade demand
Released last week, President Trump's security strategy calls for working with India to secure the Indo-Pacific, the South China Sea, and US interests in the Western Hemisphere
India's defence manufacturing and exports have seen significant shifts over the past decade in production volumes, export values, and private sector participation