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Global Supply Chains at Risk, Study Reveals

The analysis found that annual trade flows worth around $1.2 trillion from five Gulf countries (Iran, the United Arab Emirates, Qatar, Kuwait, and Bahrain) could be affected by a prolonged closure, a statement by Complexity Science Hub Vienna noted. Most of these trade flows consist of energy products—crude oil, liquefied natural gas (LNG), and refined petroleum products—which together…

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Israel-Iran Conflict Disrupts India’s Basmati Exports, Exporters Seek Relief

India’s basmati rice exports are facing disruption amid the ongoing conflict involving the United States and Israel on one side and Iran on the other, as instability along key maritime routes pushes up freight, fuel and insurance costs while affecting container availability and vessel schedules. Industry estimates suggest around 400,000 metric tonnes of basmati rice…

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