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Diplomatic Lifeline: India Negotiates Ship Exit as SCI Prepares for Middle East Return

New Delhi Engages Tehran to Free Stranded Tankers; Shipping Corp of India Likely to Resume Persian Gulf Operations

ByTop10Stocks Team
Diplomatic Lifeline: India Negotiates Ship Exit as SCI Prepares for Middle East Return
On Wednesday, April 29, 2026, a senior Indian government official confirmed that India is in active high-level negotiations with Iran to secure the safe exit of several Indian-flagged vessels currently stranded in the Persian Gulf. This diplomatic push coincides with reports that the Shipping Corporation of India (SCI) is preparing to resume regular shipping operations to the Middle East, signaling a cautious return to normalcy following months of naval blockades and regional conflict. The talks focus on creating a "safe corridor" for tankers and cargo ships that have been trapped behind the Strait of Hormuz since Iran effectively seized control of the waterway earlier this year.