With Israel and Iran moving toward a cease-fire, global oil prices have retreated—U.S. crude fell about 3.2% to ~$66.30/barrel and Brent dropped 3.4% to ~$69.08—reflecting easing tensions and reduced geopolitical risk . Thanks to the lower crude prices, domestic edible oil rates in India have also softened, easing inflationary pressure on households and retailers.

Meanwhile, at Kandla Port, Gujarat, the chairman Sushil Kumar Singh announced a proactive plan to resolve vessel congestion that was delaying edible oil imports. The port is adding new 14‑inch pipelines, opening two extra berths with dedicated lines, and reinforcing quicker discharge penalties, avoiding costlier outer‑anchorage delays. These measures are expected to significantly improve the flow of palm oil and other edible oils into the market

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