India Awaits Details on US 25% Tariff Impact Amid Limited Humanitarian Trade with Iran

India has limited trade with Iran, primarily humanitarian exports such as food and pharmaceuticals, totaling USD 1.24 billion in 2024-25. Following the US announcement of a 25% tariff on countries doing business with Iran, India is awaiting the executive order to assess implications. The Federation of Indian Export Organisations states Indian entities comply fully with US sanctions. India-Iran trade includes key sectors like agriculture and the joint development of Chabahar port, with exports constituting a small fraction of India's total shipments.