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India Trade Gap Shrinks as US-Iran Hormuz Deal Lifts Outlook

Bloomberg Markets · Jun 15, 2026, 9:11 AM · Also reported by 4 other sources

India’s trade deficit narrowed in May, while an interim US-Iran deal to reopen the Strait of Hormuz brightened the outlook after months of shipping disruptions.

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India Trade Gap Shrinks as US-Iran Hormuz Deal Lifts Outlook

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