West Asia conflict to raise freight costs, disrupt supply chains: FIEO

New Delhi [India], March 1 (ANI): The ongoing conflict in West Asia will inevitably raise freight costs and stretch supply chains, SC Ralhan, President of the Federation of Indian Export Organisations (FIEO) said.

In addition, FIEO, in a brief statement, cautioned that heightened geopolitical risk typically results in higher marine insurance premiums, further adding to transaction costs for exporters.

'A p