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India
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Jun 20, 2025
Govt evaluates Iran-Israel conflict's impact on Indian trade
India's commerce ministry is meeting with exporters and shipping companies to figure out how the Iran-Israel conflict might mess with trade.
The big worry? Rising freight costs and possible delays, since exporters say global air and sea routes could take a hit.
TL;DR
Key shipping lanes
Key shipping lanes like the Strait of Hormuz and the Red Sea are super important for India—they handle most of our oil imports and loads of exports to Europe and the US.
Experts warn that if things get disrupted, we could see pricier oil, higher shipping costs, and even more pressure on India's economy.