India's $48-bn non-oil exports at risk amid Middle East tensions: Report

Rising Middle East tensions could threaten over a tenth of India's non-oil exports, worth roughly $48 billion, which are reliant on the Strait of Hormuz, Moneycontrol reported. UAE accounts for the largest share of India's exposure, with exports valued at $28.5 billion, followed by Saudi Arabia at $11.7 billion. The Strait of Hormuz is located between Iran and Oman.