 "Chabahar port will help India gain strategic foothold in marine trade in the Gulf of Oman and is also the starting point for the International North South Transport Corridor | Photo: Reuters")
India on Monday signed a decade-long contract to develop and run the Shahid Behesti terminal at Iran's Chabahar port, but changing global events and a shift in geopolitics may lead to a slower rise in traffic than initially expected, experts said.
"The Shahid Behesti terminal may see much lower oil volumes than what was earlier considered, given that India has stopped importing crude from Iran in 2018-19," a Federation of Freight Forwarders' Associations in India (FFFAI) functionary said.
Iran was India's third-largest source of crude oil till 2018-19 when imports had topped $12.1 billion. In June 2019, the US Presidential
