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.
Courtesy: Nikkei Asia
The Israel-Hamas War has shown the devastating impact of disinformation as a strategy of unconventional warfare. This narrative-led approach begins before hostilities start and seeks to set the agenda for leaders, their militaries and geopolitics. Democratic societies like India must prepare for similarly coordinated strategies and build societal resilience to manipulation.
Courtesy: The Intercept
There are multiple threads running through the Israel-Hamas conflict, and multiple interests. The long-running cast of the Arab and Western worlds are on site, but now so is a newly-assertive Qatar. Two others are potential players: the expanded BRICS grouping and India, which will soon co-invest in the India-Middle East Europe Corridor. Will they be drawn into the West Asian quagmire?
Courtesy: The Independent
The Israel-Hamas conflict can further destabilise a world already weighed down by the Ukraine war and U.S.-China tensions. Escalation is inevitable, unless Europe recovers its traditional mediating role of advocating for ceasefire, dialogue and negotiated solutions, the Axis of Resistance desists, and the BRICS-11 play balancer. For the first time, there are many actors in an arena where the US was accustomed to being a soloist.
Courtesy: Wikipedia
With a cessation of hostilities been brokered by Russia and the United States, the conflict in Syria has entered a tense pause. India has had a bystander attitude to the conflict in Syria. However, with the truce expected to be short, does India have the incentive or the option to depart from its current position, and deepen its engagement in Syria?