Iran crisis: Rice exporters stare  at shipment disruptions, payment delays

Key Highlights

• “These shipments will remain stuck till the situation improves, and it will impact the market.
• Payments may also get delayed,” Jain told PTI.
• He, however, said it is too early to assess the impact, as that will depend on how long the conflict lasts.
• The United States and Israel launched a major attack on Iran on Saturday, with US President Donald Trump calling on the Iranian public to seize control of their destiny and rise up against the Islamic leadership that has ruled their country since 1979.
• About rice-basmati exports, Jain said India’s total annual exports, nearly 35 per cent contribution, are from Haryana.