The Economic Times

LT Foods, KRBL & other rice stocks fall up to 11% as Israel-Iran war flares up. Here's why

Rice exporter stocks fell sharply on Monday as the IsraelIran conflict intensified, raising fears of trade disruption in key Middle East markets. Iran, Indias second-largest basmati buyer, is central to the risk. Exporters face potential freight spikes, insurance cost surges and delayed shipments amid uncertainty over the Strait of Hormuz.