India, Sept. 21 -- In 2023, I had the rare opportunity to visit one of the most geopolitically sensitive locations in South Asia - Chabahar Port in Iran. This trip coincided with a pivotal moment, the global community quietly but decisively turning its attention back to this strategic maritime asset, especially in light of the revocation of the US sanctions waiver that once safeguarded India's operations here.

The waiver, originally granted in 2018, allowed India to operate the Shahid Beheshti Terminal at Chabahar through India Ports Global Limited (IPGL) without facing sanctions under the Iran Freedom and Counter-Proliferation Act (IFCA). Its revocation - effective September 29, 2025 - threatens to derail India's $120 million investment...