Prime Minister Narendra Modi on Monday welcomed the understanding reached between the US and Iran to end the conflict in West Asia, expressing hope that its implementation would help restore peace and stability in the region and pave the way for a sustainable final agreement on unresolved issues.In a post on X, Modi said the conflict had caused serious economic disruptions globally and resulted in loss of lives in several countries. “I welcome the understanding reached between the US and Iran on ending the conflict in West Asia, which has caused serious economic disruptions across the world and led to loss of life in several countries,” he said.The PM expressed hope that the implementation of the agreement would contribute to regional stability and ensure the smooth flow of maritime trade. “India hopes that the implementation of this understanding will help restore peace and stability in the region and ensure the freedom of navigation and commerce,” he said.Significantly, the PM also underlined the need for the remaining issues to be addressed through continued negotiations.Modi’s remarks came hours after the US and Iran announced that they had reached a peace understanding providing for an immediate cessation of hostilities and the reopening of the strategically vital Strait of Hormuz. The proposed accord is scheduled to be formally signed in Switzerland on June 19.India has closely followed the crisis in West Asia, which disrupted one of the world’s busiest energy corridors and directly affected Indian interests. Three Indian mariners were recently killed in attacks on commercial shipping during the conflict, prompting New Delhi to lodge strong protests with Washington and repeatedly call for the protection of civilian vessels and freedom of navigation.As the hostilities ended, the Shipping Ministry in New Delhi informed that Malta-flagged LNG carrier DISHA safely transited the Strait of Hormuz on June 15 carrying approximately 62,370 MT of LNG cargo, which is likely to reach India on June 18.