A fierce conflict is currently unfolding between Israel and Iran, with both nations launching heavy missile attacks against each other, causing extensive destruction on both sides. Experts warn that the situation is likely to escalate further and may drag the entire Middle East into the conflict. If the war continues for an extended period, it could have significant repercussions for India due to its trade ties with both countries. India exports various goods to, and also imports several essential items from, Iran and Israel. In the event of a full-blown war, several commodities in India may see a sharp rise in prices. Let’s take a look at which products could be affected.
Israel-Iran tensions could pinch your pocket: These items may get costlier in India
