Tag Archives: war risk insurance freight rates

West Asia Conflict Chokes India’s Rice Trade: Shipments Rise Just 2.1% Amid High Freight Rates

Escalating geopolitical instability in West Asia has dealt a blow to India’s agricultural outbound trade, limiting rice export growth to a marginal 2.17 percent during the April-August period of the financial year 2026-27. Valued at $4.81 billion, shipments from the world’s largest grain exporter faced severe logistical bottlenecks, sky-high maritime …

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