The Strait of Hormuz is one of the world’s most critical maritime routes connecting the Persian Gulf with global trade lanes. Any disruption in this region significantly affects international shipping, oil transportation, and export logistics. Exporters and shipping companies must monitor developments closely as such disruptions can lead to cargo rerouting, vessel delays, and returned shipments impacting trade compliance and supply chains.
Simplified Guidance Based on Circular No. 09/2026-Customs Due to the closure of the Strait of Hormuz and the consequent disruption in maritime routes, certain vessels carrying export cargo from India are unable to reach their destination ports and are returning…
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