US-Iran Ceasefire Boosts Trade Hopes As Hormuz Reopens

A US-Iran ceasefire and reopening of the Strait of Hormuz will ease shipping disruptions, freight rates, and insurance costs, said FIEO President SC Ralhan. Announced by Donald Trump, the truce may stabilize trade, though exporters remain cautious as Middle East tensions have severely impacted logistics, costs, and key Indian export sectors.