# AgroPages-Tensions between US and Iran hit Basmati rice export-Agricultural news

> US-Iran tensions have halted Indian Basmati exports to Iran, which previously made up about 30% of the trade, and Gulf shipping risks deter exporters. EU pesticide rules have also cut Basmati shipments to Europe, and prices have fallen sharply.

- Date: 2020-01-13 · published 2020-01-13T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/55158-agropages-tensions-between-us-and-iran-hit-basmati-rice-export-agricultural-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lost Iranian demand and a glut of Basmati supply are pressuring Indian rice prices lower.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-05-01 | [How the US move on Iran oil could hit India's basmati rice exports \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/59033-how-the-us-move-on-iran-oil-could-hit-india-s-basmati-rice-exports-economy-and.md) | +3.6% | +14.0% |
| RICE | 2026-03-02 | [Rice exporters to meet Apeda as Gulf tensions threaten $6 billion basmati trade \| Mint](https://feedsoft.ai/events/12575-rice-exporters-to-meet-apeda-as-gulf-tensions-threaten-6-billion-basmati-trade.md) | +4.9% | +6.7% |
| RICE | 2026-03-04 | [Basmati rice prices fall in local market as Iran war disrupts exports - The Economic Times](https://feedsoft.ai/events/12574-basmati-rice-prices-fall-in-local-market-as-iran-war-disrupts-exports-the.md) | +3.1% | +7.5% |
| RICE | 2020-01-17 | [Karnal to stop rice export to Iran](https://feedsoft.ai/events/55052-karnal-to-stop-rice-export-to-iran.md) | +1.9% | -0.0% |
| RICE | 2020-01-06 | [Suspend basmati rice exports to Iran till situation improves: Trade body advisory to members – Firstpost](https://feedsoft.ai/events/55051-suspend-basmati-rice-exports-to-iran-till-situation-improves-trade-body.md) | +0.6% | +4.4% |

## Sources

- news.agropages.com: https://news.agropages.com/News/NewsDetail---33680.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.