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Iran-Israel war escalation: Experts warn of cascading impact on India’s trade with West Asia; crude prices, exports at risk
The Iran-Israel conflict threatens India's West Asia trade. Export disruptions and shipping risks are rising. Trade with Iran, Israel, and other nations could suffer. Strait of Hormuz disruption would hit energy security. Red Sea issues already impact trade. Global trade faces a downturn. India's export goals are now at risk due to geopolitical instability. The situation demands careful monitoring.
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