Middle East conflict disrupts Indian export logistics
after close1 source ↓written by the desknot a recommendation
The ongoing Middle East conflict is forcing Indian exporters to reroute shipments and absorb rising costs. Freight rates and insurance premiums have surged, impacting transit times. Exporters are adjusting contracts and delivery schedules to maintain flexibility amid uncertainty around the Strait of Hormuz.
FIEO president SC Ralhan emphasized the need for shipping lines to avoid exploiting the situation, as exporters face significant challenges in managing their operations.
Not investment advice. For informational purposes only.