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The Economic Times

Global Business / The Economic Times

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Iran tensions threaten India rice exports with shipping snags, payment risks

Haryana rice exporters are experiencing payment delays and shipment hold-ups to Iran and Afghanistan. The conflict has already impacted trade, causing a drop in basmati rates. Shipments to Iran, a major buyer, are affected. The full impact depends on the conflict's duration. Exporters also worry about war insurance for vessels.

1 Mar 2026 3:47 pm