400,000 tons stuck in transit: Iran conflict disrupts India’s basmati exports
NEW DELHI: About 400,000 metric tons of Indian basmati rice are stuck in transit as the Iran conflict disrupts shipping routes across the Middle East and sends freight costs soaring, Reuters reported on Tuesday,
Iran to allow Only Chinese Vessels through Strait Of Hormuz: Sources
TEHRAN: Iran has said it will allow only Chinese vessels to pass through the Strait of Hormuz as an expression of gratitude for Beijing’s stand towards Tehran since the war in the Middle East
Exporters may use other routes if Iran blocks Strait of Hormuz
NEW DELHI : The dramatic escalation in the Iran-Israel war with the entry of the US has aggravated the uncertainty over India’s foreign trade in goods, with the possibility of navigation in Strait of Hormuz and Red Sea
Iran-Israel war escalation to impact India’s trade with West Asia, say experts
NEW DELHI : Any further escalation of the ongoing war between Iran and Israel will have wider implications for India’s trade with West Asian countries, including Iraq, Jordan, Lebanon, Syria, and Yemen, say experts.
Iran accuses Israel of ‘endangering’ maritime safety, violating IMO treaties
NEW YORK : Israel has jeopardized maritime safety by attacking Iranian energy structures along the Persian Gulf coastline, a senior government official of Iran said on June 18, while accusing the Jewish state of
Iran and Israel trade accusations at UN shipping agency over sea lanes
LONDON : Iran and Israel accused each other of endangering commercial activity in sea lanes around the Gulf and the Red Sea at the UN’s shipping agency on Wednesday, as their military conflict escalated.
Iran-Israel conflict may affect Indian trade
NEW DELHI : Amid the ongoing military confrontations and the likelihood of an all-out war between Israel and Iran, the global markets, including the Indian market, are expected to experience major trade disruptions. Early
Israel-Iran crisis threatens to impact India and the world
NEW DELHI : The growing conflicts between Israel and Iran have raised the spectre of an all-out military crisis that threatens to further push a volatile West Asia into deeper problem, with grave economic