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Why India’s rice exports to Iran may survive Trump's sanctions threat

India’s rice exports to Iran are expected to continue despite tougher US sanctions. Demand from Iran remains firm for food security reasons, ensuring continued purchases. Indian exporters utilize alternative payment channels in countries like Turkey and the UAE. Essential goods like rice and pharmaceuticals are unlikely to face disruption. Bilateral trade has significantly declined from...

Wars are now hitting more than 43% of the world’s oil supply

Currently, more than 40% of the world’s oil supply is derived from conflict-ridden regions. Ongoing tensions in the Gulf and Ukraine have reduced refining abilities by 10%. As a result, reliance on U.S. oil has surged, leading to a depletion of global reserves after emergency releases have concluded. This situation has made rising fuel prices...
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    Daily WA Online is an independent news and media platform covering Western Australia. Owned by TMFS International Pty Ltd., we publish local stories, business insights, lifestyle features, and community voices for the digital era.

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