First blow to India from the Iran crisis, 400,000 tons of basmati stuck... payment also stuck!
The Iran crisis has severely impacted India's basmati rice exports, with 400,000 tons stranded and payment issues due to ongoing conflicts in the Middle East.
Impact of the War in Iran on Basmati Rice Exports, What Does India Export to Iran?
The ongoing conflict involving Iran has created uncertainties for India’s basmati rice exports to the country, which is its largest market for this commodity.