amit cover Courtesy: Routledge India
5 January 2022

India and the Changing Geopolitics of Oil

India is the world's third largest importer of oil after China and the U.S. and a major player providing demand security for oil exporters. The technological changes and geopolitical shifts in the oil economy from the West to the East, highlights India's position as a valuable partner in renewable energy, and oil security and production. The book explores the various elements of India's dependence on imported oil, and how it can turn to an advantage. This excerpt analyses the alternatives to the current West-dominated oil markets and industry that are available to India as a leading consumer.

chineseoil-1 Courtesy: Lifeforex
11 October 2018

Petro-Yuan, the new speculation

Basing the global oil trade on the Yuan instead of the U.S. Dollar is one leg of China’s bid to convert its currency into the international reserve currency, replacing the dollar-dominated global financial architecture. But many factors impede the Yuan from reaching the maturity required for its global adoption.

obamarouhaniwikimediacommons Courtesy: Wikimedia Commons
6 February 2014

P5+1-Iran: U.S. in search of a new game

The P5+1 negotiations with Iran, mostly a Washington-Tehran affair, may be a means to a complex and ambitious end: a new strategic and energy equation in Southwest Asia. U.S. President Barack Obama’s recent State of the Union address indicates that to reach this goal, the U.S. is steering away from war to diplomacy