New Delhi: A fierce war is going on between Israel and Iran. Both the countries are firing missiles at each other. This has resulted in huge losses in both the countries. This war is likely to deepen in the coming days. Defense experts say that this war can engulf the entire Middle East. If the war continues for a long time it will also affect India because India has business relations with both the countries. Many things are exported from India by both these countries. Also imports are also made from both these countries. Let us know which things can get costly in India if the war becomes more serious. Crude oil India imports 85 percent of its oil requirement from countries around the world. Although India does not import much from Iran but Iran has a big contribution among the oil producing countries. With the start of the war between Israel and Iran the prices of crude oil have gone out of control. The price has jumped by more than 11%. Brent crude reached $ 75.32 per barrel and West Texas Intermediate (WTI) crude oil reached $ 73.42 per barrel. If this war continues there can be a big increase in the price of crude oil. Indias import of crude oil will become expensive. This can increase the price of petrol diesel gas ATF etc. in India. What does India import from Israel? India is Israels second largest trading partner in Asia and 9th globally. In recent years there has been an increase in trade in areas such as electronic machinery and high-tech products medical equipment; communication systems etc. Following items might get costly: Electrical and electronic equipment Arms and ammunition Optical photo technical and medical equipment Fertilizers Machinery nuclear reactors and boilers Aluminium miscellaneous chemical products Pearls precious stones metals and coins Organic chemicals Tools made of base metals etc. What does India import from Iran? India’s exports in March 2025 were worth $130 million and imports were worth $43 million. Indias exports to Iran between March 2024 and March 2025 grew by $41.5 million (47.1%) from $88.1 million to $130 million while imports fell by $13.3 million (23.6%) from $56.2 million to $43 million. Following items might get costly: Organic chemicals Edible fruits nuts Mineral fuels oils Salt sulphur clay stone plaster lime and cement Plastics and their products Iron and steel Vegetable products such as gums resins and lacs