India, March 2 -- Fresh tensions surged after direct strikes between Israel and Iran, with Israeli attacks on Iranian sites and retaliatory missile and drone launches. Emergency alerts, reserve mobilisation, and United States diplomatic pressure have heightened fears of wider conflict, oil price spikes, and disruption to Gulf shipping routes and global markets today, risks.

The auto industry- one of India's biggest export-oriented sectors- derives significant volumes from Middle East markets like Saudi Arabia and the UAE, making the region a key growth driver. But escalating Israel- Iran tensions and heightened U.S. involvement raise risks of shipping disruptions, higher freight and insurance costs, and weaker order visibility. Here are ...