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War Impact: Premium Liquor Prices May Rise Due to Shipping Woes

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News18•11-03-2026, 18:17

War Impact: Premium Liquor Prices May Rise Due to Shipping Woes

•Iran-America war's impact on fuel, gas, and edible oil raises concerns about premium liquor prices.
•Expert Bishan Kumar states no immediate direct impact, but prolonged war could increase costs.
•Closure of 'Strait of Hormuz' leads to longer shipping routes, higher freight, and 'war insurance' costs.
•Supply chain disruptions for foreign Scotch, French wine, and American Bourbon could cause shortages and price hikes.
•India currently has sufficient stock, but sustained tensions could make premium liquor more expensive in coming months.

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