Iran-Israel War: List of items which likely to get expensive in India, electronic equipment, Fertilizers, Salts may cost…

India doesn't import much oil directly from Iran, the country plays a significant role among global oil producers. Soon after the war began between Iran and Israel, the crude oil prices surged uncontrollably.

Jun 15, 2025 - 16:30
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Iran-Israel War: List of items which likely to get expensive in India, electronic equipment, Fertilizers, Salts may cost…

New Delhi: The stress between Israel and Iran is escalating with every passing day. As per the most modern update, each and each the countries are launching barrages of missiles at every totally different, ensuing in severe injure on each and each sides. The war between the 2 worldwide locations is doubtless to escalate in the impending days. Protection specialists warn that this war may perchance engulf your full Heart East map. If the war drags on, it'll additionally impact India, because the country has solid change relations with each and each worldwide locations. It is major to expose that India exports a huge series of issues to those countries and additionally imports various products from them. Listed here, we can checklist the objects that tend to witness a price hike if the war escalates.

Seriously, India imports over 80 p.c oil from countries all around the realm. Alternatively, India doesn’t import great oil at as soon as from Iran, the country performs a prime feature among global oil producers. Soon after the war started between Iran and Israel, the vulgar oil prices surged uncontrollably.

Prices possess jumped by more than 11 p.c, with Brent Shameful reaching USD 75.32 per barrel and West Texas Intermediate (WTI) vulgar hitting USD 73.42 per barrel. If the war continues, vulgar oil prices may perchance upward thrust even extra.

Israel has always been a key trading partner of India. India is Israel’s 2nd-greatest trading partner in Asia and the ninth-greatest globally. After Narendra Modi came into vitality, there has been a prime development in change, especially in sectors equivalent to digital machinery and excessive-tech products, clinical equipment, and dialog systems.

Key imports from Israel to India consist of:

  • Electrical and digital equipment
  • Hands and ammunition
  • Optical, photographic, technical, and clinical devices
  • Fertilizers
  • Equipment, nuclear reactors, and boilers
  • Aluminum and various chemical products
  • Pearls, precious stones, metals, and coins
  • Organic chemicals
  • Tools made of unsuitable metals, etc.

Between March 2024 and March 2025, India’s exports to Iran increased by USD 41.5 million (47.1%), rising from $88.1 million to USD 130 million, while imports fell by USD 13.3 million (23.6%), losing from USD 56.2 million to USD 43 million.

Key imports from Iran to India consist of:

  • Organic chemicals
  • Suitable for eating fruits and nuts
  • Mineral fuels and oils
  • Salt, sulphur, earths, stone, plaster, lime, and cement
  • Plastics and articles made of plastic
  • Iron and metal
  • Vegetable products equivalent to gums, resins, and lac

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