Iran israel conflict: The whole world is eyeing the recent military conflict between Iran and Israel. Crude oil prices have witnessed a surge after increasing tension between the two powerful countries of the Middle East. Not only this, after the Israeli attack, the stock market has also been affected and crores of rupees have been drowned by investors. There is a possibility of this war moving further, due to which countries around the world are in tension. If the war begins between Iran and Israel, the supply chain will be badly affected, due to which many things are likely to be expensive. In such a situation, let us know what will be the impact of the increasing stress in the Middle East and the war between Israel-Iran? What things do India get from these two countries and which are likely to be expensive?
India and Israel have long trades. Talking about the data, India has exported $ 2.1 billion goods to Israel in FY 2024-25, while importing $ 1.6 billion. India imports most of the defense sector goods from Israel and this country is the 32nd largest trading partner in India. India imports military hardware including radar, surveillance, fighter drones, missiles from Israel. Apart from this, it also imports pearls, precious stones, electrical, electronics equipment, compost, chemical products.
Talking about the business between Iran and India, India has exported $ 1.2 billion goods to Iran in FY 2024-25 and imported $ 441.9 million goods. India imports crude oil, dry fruits, chemicals, glass utensils from Iran. Apart from this, basmati rice, tea, coffee and sugar are exported from India.
If the ongoing struggle between Iran and Israel goes ahead, then experts say that this may cause a huge jump in the price of crude oil, which will affect the entire supply chain and will become expensive. Apart from this, flight fare can also increase due to increasing tension in the Middle East. Actually, the Indian airlines travel through Gulf countries due to the shutdown of Pakistani aircraft. During the war, these airlines will have to find another way.
Israel -ran conflict: Netanyahu activated his silent killer, Iran will work without knowing… Supreme leader Khamenei’s sleep is sleepy
North Korea’s dictator came into action between Israel Iran War, issued such instructions, tension will increase in the world!
