https://www.taxtmi.com/news?id=71409 India is seeking political risk insurance and financial guarantees from the International Development Finance Corporation to secure maritime transit for oil, LPG and LNG through the Strait of Hormuz; a dedicated corpus must be established before cover can be provided and premiums will be paid by contracting parties. The government is also diversifying suppliers and considering reprioritisation of domestic gas allocation to manage LNG shortfalls caused by route disruption and force majeure. en-us Thu, 05 Mar 2026 20:16:06 +0530 Thu, 05 Mar 2026 20:16:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71409 India is seeking political risk insurance and financial guarantees from the International Development Finance Corporation to secure maritime transit for oil, LPG and LNG through the Strait of Hormuz; a dedicated corpus must be established before cover can be provided and premiums will be paid by contracting parties. The government is also diversifying suppliers and considering reprioritisation of domestic gas allocation to manage LNG shortfalls caused by route disruption and force majeure. News - Thu, 05 Mar 2026 20:16:06 +0530 https://www.taxtmi.com/news?id=71409