India Trade Gap Shrinks as US-Iran Hormuz Deal Lifts Outlook
India’s trade deficit narrowed in May, while an interim US-Iran deal to reopen the Strait of Hormuz brightened the outlook after months of shipping disruptions.
By Ruchi Bhatia, Aryan Gupta · Bloomberg Markets
India’s trade deficit narrowed in May, while an interim US-Iran deal to reopen the Strait of Hormuz brightened the outlook after months of shipping disruptions.