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Industry experts described Iran as instituting a "de facto 'toll booth' regime" with some ships paying in Chinese yuan to pass through the strait.

Tehran has denied being part of any talks to end the war, which is now in its fourth week and has disrupted global oil supplies passing through the strategic Hormuz Strait.

Earlier, the sailor had described the harrowing experience, recalling heavy exchanges of fire while they were loading cargo at a Middle Eastern port.

Amid reports of crowds at petrol pumps in Gujarat, the government says there is no dry-out at any of the one lakh petrol pumps across the country

Modi said India supports de-escalation and stressed the need to keep the Strait of Hormuz open, secure and accessible after speaking with Trump.