Basmati trade disrupted! What unrest in Iran and Trump’s 25% tariffs mean for India’s rice exports and prices – explained

Basmati trade disrupted! What unrest in Iran and Trump’s 25% tariffs mean for India’s rice exports and prices – explained

IREF noted that the US already imposes a 50% duty on Indian rice shipments. (AI image) Recent export data shows that India sent basmati rice worth $468.10 million, which is 5.99 lakh metric tonnes, to Iran during April to November of 2025-26. According to the Indian Rice Exporters Federation (IREF), Rising tensions in Iran and…

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Where does India’s oil security stand?

Where does India’s oil security stand?

Recent geopolitical tensions and Trump tariffs on India point to the need for India to step up focus on its energy security. (AI image) Oil is often referred to as “black gold” because it is the fuel that drives economic growth, and securing oil supplies is becoming increasingly crucial in a world filled with geopolitical…

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