India is stepping up its maritime infrastructure push, with Union Minister Sarbananda Sonowal chairing an inter-ministerial review to build a more resilient shipping and port ecosystem. The move comes amid growing concern over supply chain vulnerability linked to the Strait of Hormuz, a critical chokepoint through which a large share of India's energy imports travel. The meeting brought together multiple ministries to coordinate a unified response to both strategic and logistical risks in global sea lanes. The focus was on hardening national supply chains against disruptions, whether from geopolitical tension, conflict, or bottlenecks at key maritime passages. India imports a significant portion of its crude oil through the Hormuz route, making any closure or restriction there a direct economic risk. What to watch: the pace at which inter-ministerial coordination translates into port capacity expansion, alternative routing plans, and investment commitments that can reduce dependence on vulnerable sea passages.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
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