Mango processors in Andhra Pradesh say large quantities of mango pulp are trapped because shipping lanes have been disrupted, blocking exports. The industry is urging the central government to intervene with equity capital, credit guarantees, loan payment moratoriums, and inclusion in export facilitation schemes to help firms manage cashflow and restart trade.
Attacks and threats have nearly halted all shipping through the Strait of Hormuz, disrupting oil flows and driving prices higher. The corridor has been weaponized before, including past threats from Iran, and even now some vessels continue to cross. With the wider war intensifying, energy markets are facing sharp shocks as supply risk grows.
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Gold held in Dubai is being sold at notable discounts as conflict across the Middle East disrupts flights and shipping. With delivery costs and timelines uncertain, buyers are holding back, pushing traders to price bullion up to $30 per ounce below global benchmarks. Some shipments still move, but delays are affecting India’s physical availability even as inventories remain adequate.
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