Iran-Israel War Escalation to Impact India's Trade with West Asia, Say Experts
- On June 22, 2025, the US struck three Iranian nuclear facilities, intensifying the Iran-Israel conflict and raising regional security concerns.
- This escalation follows Israel's June 13 launch of Operation Rising Lion targeting Iran's nuclear sites amid rising missile attacks between both countries.
- The conflict threatens India's trade, as possible disruptions in the Strait of Hormuz and Red Sea could significantly affect oil imports and agricultural exports.
- Mumbai exporter Sharad Kumar Saraf warned of cascading trade risks from rerouted consignments and rising freight costs, while Tehran condemned the strikes as 'unlawful and reckless,' holding Washington and Tel Aviv accountable.
- Egypt postponed Foreign Minister Badr Abdelatty's visit to India due to geopolitical tensions, suggesting broader economic and diplomatic impacts including inflation from rising crude oil prices.
32 Articles
32 Articles
India Inc on edge as war in West Asia escalates
India Inc braces for rising costs as Iran-Israel conflict escalates. Sectors like oil, aviation, FMCG, and auto fear crude-linked inflation and freight surges. CEOs adopt a wait-and-watch stance amid global supply chain, shipping, and fuel price uncertainties tied to West Asia tensions.
India Can Play Proactive Role in Stopping Iran-Israel War, Says West Asia Strategist Awwad
Get latest articles and stories on India at LatestLY. "India will be affected by the war situation in the GCC (Gulf Cooperation Council) countries and the Persian Gulf. Food and oil security will be affected...7 billion dollars of Indian revenue is generated there, so India will suffer... India says that it is taking a leadership position -- even the G20 was held here -- which means India can play a proactive role in stopping this war," Awwad sa…
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