India's Edible Oil, Fertiliser Imports At Risk From US-Iran Conflict, Warns Industry

India's reliance on imports for edible oil and fertilisers is under threat due to escalating tensions between the US and Iran, industry experts have warned. The ongoing conflict has the potential to disrupt supply chains, which are already strained by rising crude oil prices. Increased energy costs could significantly impact logistics and the global biofuel market, further complicating India's import scenario. As a major consumer of edible oils, India's agricultural sector is particularly vulnerable to fluctuations in global prices and availability. The situation calls for urgent attention from policymakers to ensure food security and stabilize domestic markets, considering that any sustained rise in import costs could lead to higher prices for consumers. Experts advocate for a diversified import strategy and enhanced domestic production to mitigate risks associated with external geopolitical tensions.