Iran-Israel ceasefire to stabilise global trade, aid India’s exports to Middle East: Experts

Iran-Israel ceasefire to stabilise global trade, aid India’s exports to Middle East: Experts

1 year ago
The Iran-Israel ceasefire offers India, with its significant Middle East trade and energy dependence, a major respite by reducing geopolitical risks and stabilizing freight costs. This de-escalation ensures safer shipping routes via the Strait of Hormuz, benefiting Indian exporters and importers. However, experts caution that the ceasefire’s temporary nature necessitates sustained peace efforts for lasting […]
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Gujarat’s Kandla Port to ease vessel congestion, ensure steady edible oil supply: Chairman

1 year ago
Kandla Port is working to improve edible oil supply. Chairman Sushil Kumar Singh met with the IVPA to discuss vessel congestion. He promised faster container discharge. New pipelines are being installed. The port is preparing additional berths. They aim to reduce delays and improve vessel turnaround. Kandla Port seeks collaboration from all stakeholders for efficient […]
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Indian-flagged vessels safe for now, all eyes on war escalation

1 year ago
India is watching the US-Iran-Israel conflict closely. Officials are concerned about potential maritime disruptions. Indian ships and seafarers are advised to be cautious in the Strait of Hormuz. There is no immediate threat to Indian vessels. Tensions are high after attacks on Iranian nuclear facilities. Electronic interference is affecting navigation in the Central Arabian Gulf.
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ET Graphics: Risks to India amid the Middle East conflict

1 year ago
Escalating tensions between Iran and Israel pose a threat to India’s energy security, potentially triggering a surge in oil prices and subsequent inflation. Experts caution that oil reaching $100 per barrel could elevate both wholesale and retail inflation. While oil marketing companies might moderate the retail impact, sustained high prices over nine months could significantly […]
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Get it strait! Insurance and freight costs under watch

1 year ago
India is closely monitoring insurance and freight costs due to the West Asia conflict. Iran’s parliament considered closing the Strait of Hormuz. This could impact global oil shipments and raise costs. Exporters fear higher insurance premiums and freight charges. Alternative routes would be expensive. Industries relying on global supply chains may face shortages. Tensions are […]
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Iran-Israel war escalation to impact India’ s trade with West Asia, say experts

1 year ago
Escalating tensions between Iran and Israel threaten India’s trade with West Asia, impacting exports and potentially disrupting key routes like the Strait of Hormuz. This could inflate oil prices, increase shipping costs, and strain supply chains, particularly affecting agricultural exports and energy security. Broader regional conflict poses significant risks to India’s economic interests and trade […]
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Exporters suggest shifting shipments from Bandar Abbas port to Chabahar amid Iran-Israel conflict

1 year ago
Amidst the Iran-Israel conflict, Indian exporters are considering shifting cargo operations. Bandar Abbas port may become unreliable. Chabahar port is being explored as an alternative. Air freight rates have already increased. Further escalation could disrupt trade with Afghanistan, Central Asia, and Russia. The commerce ministry is assessing the situation. Feasibility of shifting to Chabahar is […]
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