MENA <> India Corridors 
MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
Logistics (MENA) 
Climate (MENA) 
Here's what we're tracking today
Over 50% slump in India-Middle East trade
Plus: War impact on tourism sector. Sanctions waiver on Russia + Iran oil ends.
Friday, 17 April 2026
Pressure point
India’s merchandise trade with the Middle East declined by over 50% in March, highlighting the impact of the war on the MENA-India corridor. The country’s oil imports dipped by 36%, as did trade with the UAE, one of its largest import sources.
Today at a glance
India Focus
Investment Watch
The Big Story
India’s Middle East trade drops 50% in March as Iran war bites
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INDUSTRIES
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Construction
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Energy
Washington halts crude waivers, choking India’s access to Russian and Iranian oil
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Financial Services
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Startups
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POLICY
RBI moves to curb INR volatility through FX position caps
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