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flag Protests in Iran's bazaars have stalled Indian rice exports, disrupting $180M–$240M in payments and cutting trade by 6%.

flag Protests in Iran, centered in bazaars that serve as key trade hubs, have disrupted India's rice exports, stalling $180 million to $240 million in payments and leaving shipments stuck. flag India's exports to Iran dropped 6% from April to November 2025, totaling $765 million, with basmati rice the hardest-hit commodity. flag The Indian Rice Export Federation cites ongoing unrest in commercial centers as a major barrier to trade, affecting importers and retail operations. flag While other goods like edible oils and spices are also exported, rice remains the dominant product, making its decline the most significant impact. flag The situation highlights how local instability can severely disrupt international trade.

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