The Iran war has taken a toll on India's merchandise exports, dragging them down by more than 7% in March, and dashing hopes of a recovery in a year already marred by U.S. tariffs. Experts warn that conditions could worsen before improving. India's goods exports fell to $38.9 billion last month, from $42.1 billion a year earlier, according to data released Wednesday by its commerce ministry. The slowdown was sharp across key markets. Shipments to the UAE, India's second‑largest export