India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
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The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.
The OPEC’s proposed cut in oil production earlier this week may not enable the energy market to recover. Recovery is likely only after COVID-19 is brought under control, but there are ways India can capitalise on the current low oil prices for its own energy security
Countries in the Middle East, such as Iran, Israel or Saudi Arabia, do not want a military confrontation. Yet, current circumstances conduce to the breaking out of just such a war
This book examines concisely and readably how the discovery of oil and natural gas transformed the six oil kingdoms of the Gulf, but profligate energy consumption at home challenged the basis of this very prosperity. It goes on to look at how these countries dealt with the economic crises that struck them
Prince Salman’s accession to the throne after the death of Saudi King Abdullah on 23 January 2015 has been a game changer, both domestically and in West Asian politics. Within days, he sidelined rivals within the House of Saud, and took on Iran with a confrontational policy. But two years later, the results of his new strategy disappoint
OPEC’s announcement of a cut in oil production shows that Saudi Arabia is being affected by low oil prices even as Iran gains ground
Recently-released blockbuster Airlift, on the biggest evacuation by air in history conducted by the Government of India during Iraq's invasion and occupation of Kuwait in 1990, falls disappointingly short of presenting the true picture of the government’s laudable and timely intervention.
The GCC finds itself engulfed by a perfect storm – due to the oil price fall and the re-emergence of Iran on the world scene. While the GCC is forced to undertake politically challenging reforms and confront the regional challenge of Iran, there lies a great opportunity for India to strengthen their economic as well as security ties.
Today ISIS is the gravest international security threat. To defeat ISIS, the world should pay heed to India’s experience of the need to isolate state sponsors of terrorism. Ultimately, only when Saudi Arabia acknowledges the danger to its own survival from past policies of alleged support to extremist groups, can it be a reliable partner in the fight against ISIS.