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The Economic Times

Business / The Economic Times

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India oilmeal exports hit by US-Iran conflict, Red Sea disruptions

Escalating US-Iran tensions are disrupting India's oilmeal exports, with significant portions to the Middle East and Europe facing logistics challenges due to Red Sea and Strait of Hormuz instability. Shipping detours and increased costs are impacting overall export volumes, while a surge in Chinese demand for Indian rapeseed meal faces renewed competition following tariff suspensions.

17 Mar 2026 2:33 pm