A year of Israel-Hamas war: India's trade with West Asia holds steady

However, trade with Israel, Lebanon, Jordan declines during Jan-July period

A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India’s trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.

The conflict has led to two wide-scale missile attacks on Israel by Iran, a limited ground offensive by Israel into neighboring Lebanon to confront the Tehran-aligned Hezbollah, and maritime attacks by Yemeni Houthi rebels on Israel-bound ships.

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