How the US move on Iran oil could hit India's basmati rice exports

Sanctions on Iran may not just hike India's import bill and affect investments plans like Farzad B, but also see a plunge in basmati exports to a country that absorbs 32% of the Indian variety

A biryani cooked in crude oil. That is how an industry expert summed up the energy relationship between the two nations, alluding to India's incessant hunger for crude and and Iran's magnificent obsession with basmati rice. 

Having said that, it's a relation often marred by confusion, mistrust, indecisiveness and sanctions. Ane with the decision of the United States to end exemptions on Iran sanctions on May 2, India’s sandwiched oil diplomacy between the US and Iran is once again in the spotlight.

The question many have raised is from where will India be able to source the 23.6 million tonnes