Rising tensions in the Middle East, following attacks by the US and Israel on Iran, are expected to disrupt trade flows, increase freight and insurance costs, delay cargo shipments, and drive up global oil prices, thereby increasing India's import bill, according to experts.While India's trade...
New Delhi, March 1 The Indian Rice Exporters Federation has advised its members to avoid making fresh cost, insurance, and freight (CIF) commitments for Iran and parts of the Gulf, as the security situation in the region deteriorates and fears of restricted movement through the Strait of Hormuz...