israel and iran are becoming more and more tense every day. According to the most recent report, both nations are bombarding one another with missiles, seriously damaging both sides.
In the days ahead, the two countries' conflict is probably going to get worse. This conflict has the potential to spread throughout the Middle East, according to defense analysts. india will be affected as well if the crisis continues because of its close trading ties with both countries. It is significant to remember that india buys a variety of items from these nations and sells a diverse range of goods to them. We'll outline the goods that will probably see price increases in this post if the conflict intensifies.
Notably, more than 80 percent of India's oil imports come from other nations. India has a major position among the world's oil producers, while not importing much oil directly from Iran. Crude oil prices soared out of control shortly after the Iran-Israel war started.
With West texas Intermediate (WTI) crude hitting USD 73.42 per barrel and Brent crude reaching USD 75.32 per barrel, prices have increased by more than 11%. Crude oil prices may increase considerably more if the fight drags on. Israel has long been one of India's most important trading partners. India ranks as Israel's ninth-largest trading partner worldwide and its second-largest in Asia. Trade has increased significantly since narendra modi took office, particularly in industries like communication systems, medical equipment, electrical machinery, and high-tech products.
Key imports from israel to india include:
Electrical and electronic equipment
Arms and ammunition
Optical, photographic, technical, and medical instruments
Fertilizers
Machinery, nuclear reactors, and boilers
Aluminum and various chemical products
Pearls, precious stones, metals, and coins
Organic chemicals
Tools made of base metals, etc.
Between march 2024 and march 2025, India's exports to iran increased by USD 41.5 million (47.1%), rising from $88.1 million to USD 130 million, while imports fell by USD 13.3 million (23.6%), dropping from USD 56.2 million to USD 43 million.
Key imports from iran to india include:
Organic chemicals
Edible fruits and nuts
Mineral fuels and oils
Salt, sulphur, earths, stone, plaster, lime, and cement
Plastics and articles made from plastic
Iron and steel
Vegetable products such as gums, resins, and lac
In the days ahead, the two countries' conflict is probably going to get worse. This conflict has the potential to spread throughout the Middle East, according to defense analysts. india will be affected as well if the crisis continues because of its close trading ties with both countries. It is significant to remember that india buys a variety of items from these nations and sells a diverse range of goods to them. We'll outline the goods that will probably see price increases in this post if the conflict intensifies.
Notably, more than 80 percent of India's oil imports come from other nations. India has a major position among the world's oil producers, while not importing much oil directly from Iran. Crude oil prices soared out of control shortly after the Iran-Israel war started.
With West texas Intermediate (WTI) crude hitting USD 73.42 per barrel and Brent crude reaching USD 75.32 per barrel, prices have increased by more than 11%. Crude oil prices may increase considerably more if the fight drags on. Israel has long been one of India's most important trading partners. India ranks as Israel's ninth-largest trading partner worldwide and its second-largest in Asia. Trade has increased significantly since narendra modi took office, particularly in industries like communication systems, medical equipment, electrical machinery, and high-tech products.
Key imports from israel to india include:
Electrical and electronic equipment
Arms and ammunition
Optical, photographic, technical, and medical instruments
Fertilizers
Machinery, nuclear reactors, and boilers
Aluminum and various chemical products
Pearls, precious stones, metals, and coins
Organic chemicals
Tools made of base metals, etc.
Between march 2024 and march 2025, India's exports to iran increased by USD 41.5 million (47.1%), rising from $88.1 million to USD 130 million, while imports fell by USD 13.3 million (23.6%), dropping from USD 56.2 million to USD 43 million.
Key imports from iran to india include:
Organic chemicals
Edible fruits and nuts
Mineral fuels and oils
Salt, sulphur, earths, stone, plaster, lime, and cement
Plastics and articles made from plastic
Iron and steel
Vegetable products such as gums, resins, and lac
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