Tag: sanctions risk
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Punjab exporters explore oil-for-basmati barter with Iran amid trade disruptions
Barter proposal aims to bypass payment bottlenecks and sanctions risk Rising geopolitical uncertainty disrupts basmati flows, pressures domestic prices India’s basmati rice trade alternative with Iran is facing renewed stress as geopolitical tensions in West Asia disrupt logistics, payments, and contract execution. Exporters in Punjab, which along with Haryana accounts for a majority share of…