Escalating Gulf conflict likely to weigh on beef exports from India, Australia

The escalating conflict in the Gulf is likely to impact beef exports from Australia and India as air freight to the Middle East has halted completely, and shipping diversions are increasing costs for suppliers, multiple beef exporters said March 3. Iran and Israel are not major players in global agricultural and metals markets, but their proximity to key sea routes has created uncertainty forThe escalating conflict in the Gulf is likely to impact beef exports from Australia and India as air freight to the Middle East has halted completely, and shipping diversions are increasing costs for suppliers, multiple beef exporters said March 3. Iran and Israel are not major players in global agricultural and metals markets, but their proximity to key sea routes has created uncertainty forRead More