India's exports to Iran set to fall; here's why
India's exports to Iran, primarily rice, tea, and pharmaceuticals, face disruption due to planned U.S. sanctions and the UAE's trade halt. Exports have already plummeted over 90% from 2018/19 highs of $17 billion, with humanitarian goods remaining the exception. Exporters may need to seek alternatives, like Turkey, to mitigate rising costs and maintain trade.