Escalation of tension between the US and Iran will have implications on India’s exports to the Persian Gulf nation, said FIEO President Sharad Kumar Saraf. Tensions between Iran and the US increased after an American drone strike that killed top Iranian General last week. Iran is a key trading partner of India. FIEO Chief said so far exporters have not flagged any concerns related with exports to Iran. “However, if the tensions esclates, it may have an effect on India’s exports to Iran,” added Saraf.