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Business News Today: Latest Business News, Finance News

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India-bound LPG tanker crosses Strait of Hormuz safely am...
2026-05-14 · via Business News Today: Latest Business News, Finance News
The India-bound LPG tanker MV Sunshine safely crossed the Strait of Hormuz with support from multiple Indian agencies, including the Indian Navy, amid ongoing tensions in West Asia. (A representative photo)

The India-bound LPG tanker MV Sunshine safely crossed the Strait of Hormuz with support from multiple Indian agencies, including the Indian Navy, amid ongoing tensions in West Asia. (A representative photo) | Photo Credit: RAY HENSEL

The India-bound LPG tanker MV Sunshine is crossing the Strait of Hormuz and is being provided all support to move safely towards India, as per sources.

According to sources, this was the 15th LPG Ship bound for India to be safely evacuated from the Persian Gulf. The ship is heading towards India, and it is being provided with all support by multiple agencies, including the Indian Navy, to move safely towards India.

Iran says Strait of Hormuz situation will improve after peace

Meanwhile, earlier on Wednesday, Kazem Gharibabadi, Iran’s Deputy Foreign Minister for Legal and International Affairs, said that the situation in the Strait of Hormuz will be better once peace is established.

Gharibabadi, in a conversation with ANI, said that the US was not engaged in serious diplomacy.

“Strait of Hormuz situation will be better than before once peace is established. There will be transparency. There will be no discrepancy. We will not go beyond international law. If peace is established, it will have more safety and security than before,” he said.

Iran welcomes India’s diplomatic role

Iran on Tuesday said it would welcome any initiative by India to help defuse tensions in West Asia, with Gharibabadi praising New Delhi’s “impartial” approach ahead of the BRICS Foreign Ministers’ meeting in New Delhi.

“India has always supported peace and is always in favour of peace,” Gharibabadi said while briefing reporters in the national capital.

Highlighting the close ties between the two countries, Gharibabadi described India and Iran as “two nations with one culture.”

“Both countries are proud of their culture. There are many commonalities and we attach great importance to people-to-people contacts between India and Iran,” he said.

The Iranian Deputy Foreign Minister added that Tehran would welcome any diplomatic initiative from New Delhi aimed at reducing tensions in the region.

“Any initiative coming from India will be welcomed,” he said during interactions ahead of the BRICS meeting.

Published on May 14, 2026