06
Mar
New Delhi, March 6: India and China remain among the largest exporters of automobiles to West Asia, shipping vehicles worth billions of dollars each year to the region. However, the ongoing US-Israel conflict with Iran has raised concerns about potential disruptions to this crucial trade route.The conflict, which entered its seventh day on Friday, has heightened tensions around the Strait of Hormuz, a key maritime corridor through which a significant portion of Asia’s vehicle exports to West Asia are transported. Shipping activity along the route has slowed amid fears of possible attacks.For China, West Asia is the second-largest overseas market…
