As West Asia teeters on the brink of a wider conflict, Prime Minister Narendra Modi held a 45-minute phone call with Iran’s President Masoud Pezeshkian on Sunday, voicing deep concern over the spiralling violence between Iran and Israel, now compounded by U.S. airstrikes on Iranian nuclear sites.
The call, initiated by Pezeshkian, came hours after American B-2 stealth bombers and Tomahawk cruise missiles targeted three key facilities—Natanz, Isfahan, and the mountain-fortified Fordo—central to Iran’s nuclear programme, which Tehran insists is for civilian use, writes a senior correspondent.
Pezeshkian briefed Modi on the rapidly deteriorating situation, describing India as a trusted ally in fostering peace, security, and stability in the region, reports said.
Thanking India for its balanced stance, the Iranian leader urged for de-escalation through dialogue and diplomacy, emphasising New Delhi’s pivotal role in restoring calm.
Modi, in a post on X, echoed these sentiments: “Spoke with President Masoud Pezeshkian about the current situation. Expressed deep concern at recent escalations. Reiterated our call for immediate de-escalation, dialogue, and diplomacy to restore regional peace and stability.”
The U.S. strikes, which hit Fordo—a secretive facility near Qom, revealed in 2009 after violating UN resolutions—drew a sharp warning from President Donald Trump.
Addressing Americans on Saturday night, he declared, “Iran faces a choice: peace or a tragedy far greater than the last eight days.” Israel, meanwhile, launched retaliatory airstrikes on Iranian military targets in response to missile attacks that injured civilians, further inflaming the conflict that began with Hamas’s assault on Israel on October 7, 2023.
For India, the stakes are high. Strong ties with both Iran and Israel, coupled with significant trade interests, place New Delhi in a delicate position. In fiscal 2025, India’s exports to Iran reached $1.24 billion, led by basmati rice ($753.2 million), soya meal ($70.6 million), and bananas ($53.2 million), while imports stood at $441.8 billion.
With Israel, exports hit $2.1 billion and imports $1.6 billion in 2024-25. Experts warn that further escalation could disrupt these flows, alongside India’s broader trade with Iraq, Jordan, Lebanon, Syria, and Yemen.
The conflict has already crippled Red Sea shipping routes, vital for 80% of India’s trade with Europe and a chunk of its U.S. commerce, which together account for 34% of national exports. Houthi rebel attacks near the Bab-el-Mandeb Strait, a chokepoint for 30% of global container traffic and 12% of world trade, have paralysed cargo movement.
The World Trade Organisation now projects a 0.2% contraction in global trade for 2025, down from an earlier 2.7% growth forecast, citing tariff wars and regional instability.