By Rajendra Jadhav MUMBAI, March 12 (Reuters) - Rice exports from India are slowing as the U.S.-Israeli war on Iran pushes up freight and insurance costs, making it harder for exporters to secure ...
The ongoing conflict in West Asia is pushing up war-risk insurance premiums for ships travelling through major maritime routes such as the Strait of Hormuz and the Red Sea.
Expect to see rising prices for fuel and many goods as a result of the Middle East war, says a shipping industry veteran.
Operational costs rose despite falling fuel prices, leading to reduced profit margins in the trucking industry. The Northeast experienced the highest operational costs, while the South Central U.S.
Palm oil export demand declines as West Asia conflict raises freight and insurance costs, impacting global shipments.
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