US sanctions on Iran to have minimal impact on India, say govt sources - here’s why

Published 2 hours ago
Source: timesofindia.indiatimes.com
US sanctions on Iran to have minimal impact on India, say govt sources - here’s why
India anticipates minimal impact from US tariffs on Iran trade, with government sources highlighting limited exposure. Exporters confirm compliance with US norms for humanitarian trade, primarily food and pharmaceuticals, suggesting no adverse effects. However, currency depreciation poses a greater concern for Indian businesses.