War Over India Trade and Trade Routes

India is an emerging economic superpower and there is increasing trade between India and Europe, the US and India and trade with China.

The Biden administration in September announced the India-Middle East-Europe Economic Corridor. This would have moved a lot of trade between Europe to India through Israel and Saudi Arabia. One-third of world trade goes through the Persian Gulf and the Suez Canal. Russia and Iran have been trying to push a trade route from Europe through Russia and Iran and to India.

The Israeli President Isaac Herzog said target of Iran with the Israel-Hamas attack and the Houthi attacks on shipping is the trade routes and trade activity for Egypt, Saudi Arabia and Israel.

1 thought on “War Over India Trade and Trade Routes”

Comments are closed.