Iran has put forward an alternative route for transporting oil and goods, after the Suez Canal was blocked for a week. An Iranian diplomat has used the Suez Canal blockage as an opportunity to promote Tehran's own transport corridor, saying the link is "cheaper" and "quicker" than the commonly-used Red Sea route.Kazem Jalali, the Iranian ambassador to Moscow, tweeted on Saturday that the little-known International North-South Transport Corridor (INSTC) in Iran could be another option for shipping oil and goods between Asia and Europe.He said that using this 7,200km land and sea transport corridor for trade between India and Europe, instead of the conventionally Suez Canal route, could cut
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