Basmati rice exports to be hit by Strait of Hormuz restrictions? Top 5 destinations

 The Strait of Hormuz is a narrow maritime passageway which is not only important for the transit of around 202-25% of the world’s crude oil trade, but also for trade in other crucial commodities. The Strait of Hormuz is a narrow maritime passageway which is not only important for the transit of around 202-25% of the world’s crude oil trade, but also for trade in other crucial commodities.