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The Economic Times

Economy / The Economic Times

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A 3 lakh crore rain check? Indias monsoon now comes with a Hormuz fine print

Indias fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route for imports. The crisis comes just as India faces a below-normal monsoon forecast, with the IMD projecting rainfall at 90% of the long-term average and a 92% probability of El Nio conditions, raising concerns over crop output and food inflation.

2 Jun 2026 11:30 am