Iran’s rial currency hit a record low of 1,043,000 against the U.S. dollar following a long holiday, exacerbated by ongoing tensions with Washington. The economic instability has led to increased hardships for the Iranian public and political turmoil, with internal conflicts over government spending and handling of the economy.
Vegetable oil import down 16 per cent in March to 9.98 lakh tonne: SEA
India’s vegetable oil imports witnessed a 16% decline in March, totaling 9.98 lakh tonnes, primarily due to a significant drop in crude sunflower oil shipments.