Tag: Gulf shipping routes
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Iran crisis leaves 60,000 t of Indian basmati rice stranded at ports
Escalating tensions in the Middle East disrupt Gulf shipping routes Exporters seek relief on port charges, logistics costs as domestic prices soften India’s basmati rice export trade has encountered a logistical bottleneck after escalating geopolitical tensions in the Middle East disrupted shipping routes to Iran, leaving nearly 60,000 tonnes (t) of cargo stranded at Indian…