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Ongoing West Asia war, US strike keep Indian exporters under pressure

Among the other West Asian countries-Iran, Iraq, Israel, Jordan, Lebanon, Syria and Yemen-the value of the trade with Iraq and Israel is the highest.

Israeli forces bombarded Beirut and parts of southern Lebanon as they unleashed a wave of retaliatory strikes on Wednesday	photo: pti/ap
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Israeli forces bombarded Beirut and parts of southern Lebanon as they unleashed a wave of retaliatory strikes on Wednesday | Photo: PTI/AP

Shreya Nandi New Delhi

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Indian exporters are increasingly anxious about the intensifying conflict in West Asia, which now directly involves three countries -- Israel, Lebanon, and Iran. The potential for further escalation raises fears of rising shipping costs, disruptions to supply chains, and increased oil prices.
 
Compounding these challenges is a workers' strike in East and Gulf Coast ports of the US, India’s largest trading partner and biggest export destination.

Ajay Sahai, director-general and chief executive officer of the Federation of Indian Export Organisations (FIEO), noted that while an immediate impact of the latest flare-up in West Asia has yet to

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