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The Economic Times

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US-Iran ceasefire, Hormuz reopening to ease shipping disruptions: FIEO

Exporters welcome the ceasefire between the US and Iran. The reopening of the Strait of Hormuz eases shipping disruptions and reduces costs. This brings immediate relief to Indian exporters trading with the Gulf region. However, exporters remain cautious due to the temporary nature of the truce. Sustained stability is crucial for restoring confidence and ensuring smooth trade flows.

8 Apr 2026 11:38 am