Courtesy: The Economic Times
“Economic D-Day”, recently announced by the U.S. Trump administration, will put additional sanctions on any party which facilitates any activity with Iran. India, Iraq, Turkey, and the UAE could be affected. But ironically China, the biggest supporter of Iran’s regime, may be off the hook given the deep mutual over-reliance with the U.S. and the risk that further sanctions on China could put the global financial system in jeopardy.
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: Gateway House
At the St. Petersburg International Economic Forum in June, President Vladimir Putin reiterated that Russia is building a sovereign AI ecosystem. Despite Western sanctions and the brain drain following the Ukraine war, Moscow continues to support AI startups and SMEs through state-backed funding. There are 38 Russian AI companies, and it is worth analysing their backgrounds, classifications, and the links between them and the Russian state.
Courtesy: Council on Foreign Relations
The absence of panic in the energy markets despite the renewed U.S.-Iran fighting indicates a well-supplied oil market in the longer term. That means stability for energy short countries like India in the long term. In the short term, however, India will be impacted by other disruptions, such as the increased use of sanctions.
Courtesy: Körber-Stiftung
The third Emerging Middle Powers Report reveals interesting trends. In every recent year, the five countries surveyed – India, Germany, South Africa, Brazil, and Indonesia – have been tested by events to prove they can prevail over the contested terrain of global politics. A pattern has emerged linking them together: non-alignment is their preferred response to a fragmenting order.
Courtesy: Business Post
The AI industry in the U.S. is on a high, with three major upcoming public offerings on the table from Anthropic, Open AI and Space X hogging the attention and news. But users are increasingly concerned about costs, and developers are rushing to raise capital. When the effervescence abates, a reduced appetite for AI stocks may eventually see investors return to emerging markets. Can India benefit?
Courtesy: Gateway House
The 2026 Persian Gulf conflict has pushed energy security to the forefront of the BRICS agenda. Divergent national interests prevent the grouping from acting as a unified geopolitical bloc, the growing energy crisis highlights the need for stronger economic cooperation. Proposals such as a BRICS energy reserve, an Energy Stability Fund, and cross-border investments could enhance resilience and be essential if BRICS wants to emerge as a serious economic grouping.
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: 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: 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.