India's exports to several Gulf states and the Hormuz region declined sharply due to the impact of the Iran-US conflict on trade routes.

The entities involved

• United Arab Emirates →

  country in Western Asia

  • UAE's first national rail service connects cities, establishing a new rail network between Fujairah and Abu Dhabi.Mon 17:54
  • The UAE is hosting the UN Congress on Crime Prevention and Criminal Justice, with press conferences held in Dubai.Mon 15:51
• Saudi Arabia →

  country in West Asia

  • Escalating conflict involves Iran and Saudi Arabia, with fighting intensifying between Saudi-backed forces and Houthis. Karami warns of a firm response to miscalculation.Mon 17:52
  • Ishaq Dar attended an R-4 meeting in Cairo today, contributing to ongoing diplomatic efforts.Mon 17:12
• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22
• Hormuz →

  city in Hormozgan Province, Iran

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Talks regarding an Iran deal are underway, with a ceasefire reached after deadly exchanges, and Trump supporting Israel.Mon 17:12

Related events

• India is importing critical resources from several Gulf states, including Oman, the UAE, Qatar, and Saudi Arabia.Sep 10
• The ongoing West Asian conflict is causing trade disruptions affecting Iran, Bahrain, Qatar, Kuwait, and Iraq, alongside geopolitical issues like India's reliance on Chinese supply chains and new US oil tariffs.Thu 13:49
• India is diversifying its oil imports, sourcing crude from Russia, Oman, Saudi Arabia, Brazil, and facing potential US tariff risks.Sep 17
• Omani non-oil exports are primarily destined for UAE, Saudi Arabia, and India, with re-exported goods reaching Iran.Sep 13
• India extended import duties on goods from Saudi Arabia, Oman, UAE, and Iran.Wed 15:24