Courtesy: AFP
The Mecca Accord between Saudi Arabia, Turkiye and Pakistan has raised some red flags in the region, and in India. One element remains unchanged: India’s value to Riyadh as an energy importer. With demand security holding more weight than supply security in an uncertain future, a major and growing oil importer like India is more important than the cash-for-security arrangement the Kingdom has signed with Pakistan.
Courtesy: KNN
The UAE’s recent exit from OPEC, and the U.S. push to sell more oil to India are markers of a new order in the oil world with demand security at a premium. As a major oil importer, India must respond to it smartly. It must develop deeper partnerships with both the UAE and U.S., and a new financial ecosystem and benchmarks for the new order.
Courtesy: Gateway House
history, the Palestine issue, the creation of Israel, and strained U.S.-Iran ties. India’s former ambassador to India, Saurabh Kumar, witnessed the hope of the Joint Comprehensive Plan of Action and its collapse. Unfulfilled hopes have led to reignited tensions. The U.S.-Israeli objectives of regime change are still unmet, and Iran’s survival marks a strategic outcome, despite its domestic economic and military strain. Ambassador Kumar discusses Iran and the ongoing crisis in West Asia.
Courtesy: AFR
The Persian Gulf conflict has already impacted India’s oil imports and financial security. However, India has not created meaningful options to protect itself from oil shocks over the last decade – and such shocks will continue. Now is the time for India to make equity investments in oil and gas companies in stable economies like the U.S., Canada and Australia, to protect itself from future energy crises.
Courtesy: AFP
It is important to take an objective review of PM Modi’s visit to Jerusalem and its implications for India’s security. New Delhi will have to demonstrate its strategic autonomy by managing heterogeneous and often contrapuntal relationships and strike a balance in its ties with the U.S. and Israel on the one hand and Iran and the Arab world on the other hand.
Courtesy: MSN
The war in the Persian Gulf has already caused significant disruption in India’s South Asian neighbours. A prolonged conflict is likely to push the region back into economic and political crises from which it had been hopeful of emerging this year.
Courtesy: Gateway House
India’s proposal to link the digital currencies of the BRICS nations could alter how emerging economies settle trade deals. It is necessary to examine the reasoning behind such a move, its effort to reducing dollar dependence, and the benefits that accrue to India.
Courtesy: Gateway House
Early indicators of the ongoing war in West Asia point to a conflict trajectory from the rapid decision to the controlled escalation to distributed strike capacity, advanced military integration and mounting regional exposure. Much like Johann Goethe’s Sorcerer’s Apprentice, conflicts initiated based on assumptions of control can acquire a momentum of their own.
Courtesy: Gateway House
The assumption that the Iranian public will rise up against its religious and political leadership, seizing the opportunity provided by Israel and U.S. strikes against Iran, may not prove true. Iran’s civilisational structure is resilient, and its educated population may not like being dictated to by the West. Raja Karthikeya, a former international civil servant based in Tehran, examines the escalating U.S.-Israel conflict with Iran, its regional and domestic implications and the tenacity of Iran’s political system amid external pressure.
Courtesy: Gateway House
Iran has often stood at the crossroads of social and political metamorphosis and regional geopolitical recalibration, from the Islamic Revolution of 1979 to the attrition of the Iran-Iraq War. The current landscape reflects the convergence, once again, of internal pressures and sharper deterrence postures, that the social compact—from a Lockean and Rousseauian perspective—needs a new edition, and that timely diplomacy to prevent escalation is required.