Hormuz reopens, easing freight squeeze on Indian apparel, gems and textile exporters

Strait of Hormuz reopening brings relief to Indian exporters of apparel, gems, textiles and chemicals after freight rates spiked 25-50%, war-risk surcharges hit $2,000/container and insurance premiums multiplied. AEPC and FIEO flag gradual normalisation, with mine and security risks still shadowing shipping lanes.

— Filed Fri, 19 Jun, 2026, 19:54 IST · Source BL · Consumer & Economy · Updated

Strait of Hormuz reopening offers relief to Indian exporters of apparel, gems, textiles and chemicals after freight rates jumped 25-50%, war-risk surcharges hit $2,000/container and insurance premiums multiplied; full normalisation expected gradually amid lingering mine and security risks.

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