New Delhi - The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India's exports, as it is expected to drive up both air and sea freight rates, exporters say.They said that India's exports to Europe and counters like Russia may get impacted due to this war. If the conflict continues for long, the movement of merchant ships through routes such as Strait of Hormuz between Iran and UAE, and Red Sea would be affected.
"The war will further hurt global trade. The situation was gradually improving but now again the . . .
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