iPhone shipments, Trump’s Russia sanctions impact: Electronics to become 2nd-most shipped category soon; India’s oil exports may fall

Oct 27, 2025 - 13:00
iPhone shipments, Trump’s Russia sanctions impact: Electronics to become 2nd-most shipped category soon; India’s oil exports may fall

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India's electronics exports are surging, driven by booming iPhone production, and are projected to become the second-largest export category. This rise coincides with a potential decline in oil exports due to US sanctions on Russian crude, impacting refiners' purchases and eliminating price advantages.

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