ABU DHABI: Indian Prime Minister Narendra Modi called for an “open and safe” Strait of Hormuz during a visit to the UAE on Friday, the start of a five-nation tour overshadowed by energy and supply-chain worries due to the Iran war.
Modi, whose plane was guided in and out of UAE airspace by military jets, received a guard of honor and met President Sheikh Mohammed bin Zayed Al-Nahyan before leaving for the Netherlands.
“I have come to my second home,” Modi, a frequent visitor to the UAE, home to 4.5 million Indians, told the president, calling the airforce escort “an honor.”
Disruptions to Gulf shipping routes through the Strait of Hormuz have put oil and gas markets in a spin, raising pressure on energy importers such as India, which was forced to hike petrol and diesel prices on Friday.
“Keeping Hormuz free, open and safe is our highest priority, and in this matter adherence to international laws is essential,” Modi said, in footage released by the Indian foreign ministry.
The two sides agreed to explore increasing UAE giant ADNOC’s oil storage in India to up to 30 million barrels, and storing crude at the UAE’s Fujairah port as part of India’s strategic reserve, an ADNOC statement said.
UAE President Mohamed bin Zayed receives Indian Prime Minister Narendra Modi during an official visit at the Presidential Airport, in Abu Dhabi. (Via Reuters)
India, the world’s third-largest oil buyer, normally sources about half of its crude through the Strait of Hormuz, which has been largely blocked by Iran since the war began in late February.
“The visit has given a major boost to India’s energy security,” foreign ministry spokesperson Randhir Jaiswal posted on X.
Modi’s trip, which will also take him to Sweden, Norway and Italy, reflects India’s wider effort to diversify economic and strategic partnerships while positioning itself as a major manufacturing and technology hub.
The six-day tour comes after India and the European Union sealed a free trade agreement in January, dubbed by Modi the “mother of all deals.”
The EU has long eyed India — the world’s most populous nation — as a key market.
Modi’s visit will “deepen India’s partnership with Europe... particularly trade and investment ties in light of the recently concluded India-EU FTA,” New Delhi’s foreign ministry said.
Modi is also attending a Nordic summit in Oslo. It will be the first visit to Norway by an Indian prime minister in 43 years, showing growing engagement with Northern Europe, commentators said.
“For India, an engagement with the Nordic countries is strategically timed to position the country as a trusted economic, technological and clean energy partner in a rapidly changing global order,” Anil Wadhwa, a retired Indian ambassador to Italy and Poland, told AFP.
“India stands to benefit from the diversification from China, and the recently concluded India-EU free trade agreement has already created momentum,” he added.
