15th July, 2021 Security and Defence
- The Indian Navy’s Operation Sankalp has provided safe passage to an average 16 Indian-flagged merchant vessels in the Gulf region everyday, an official statement said.
About Operation Sankalp:
- It was started in June 2019 after there were explosions on board two oil tanker ships in the Gulf of Oman amid increased tensions between Iran and the U.S.
- Since then, an Indian Navy ship with an integral helicopter embarked has been continuously deployed in the north-west Arabian Sea, Gulf of Oman and Persian Gulf.
- It showcase presence, instil confidence in Indian maritime community and provide assistance to Indian-flagged merchant vessels.
Why Operation Sankalp?
- It ensure safety of India's Mercantile Marine in the Persian Gulf and the Gulf of Oman.
- India is dependent for about 85% of its demand for oil on imports.
- In 2019-2020, around 62% of India’s oil imports valued at approximately $66 billion came from the Gulf region.
- For the same year, India’s exports and imports from the region stood at around $51 billion and $108.2 billion, respectively.