Hormuz reopens, easing freight squeeze on Indian apparel, gems and textile exporters

Strait of Hormuz reopening brings relief to Indian exporters of apparel, gems, textiles and chemicals after freight rates spiked 25-50%, war-risk surcharges hit $2,000/container and insurance premiums multiplied. AEPC and FIEO flag gradual normalisation, with mine and security risks still shadowing shipping lanes.

— Source publishedFri, 19 Jun, 2026, 19:47 IST·First seen Fri, 19 Jun, 2026, 19:53 IST·Source BL · Consumer & Economy

What happened

Apparel Export Promotion Council · Strait of Hormuz reopening offers relief to Indian exporters of apparel, gems, textiles and chemicals after freight rates

Key facts

  • 15-25% freight rise
  • $2,000 per container surcharge
  • 25-50% route freight jump
  • 85% crude imports
  • 20% global oil via Hormuz

Why this matters

Use the freight reset window to renegotiate logistics contracts and lock multi-year shipping terms before any fresh Gulf disruption repricesthe lane again.

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