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flag India's basmati rice exports face major disruption due to West Asia conflict.

flag India's premium basmati rice exports are severely disrupted by the West Asia conflict, leaving payments worth Rs 2,000 crore to Rs 25,000 crore unpaid. flag Stranded shipments threaten traders and farmers, while the closure of the Strait of Hormuz halts oil and gas shipments, causing energy price concerns. flag The government has convened high-level meetings to address the crisis, warning of broader economic fallout.

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