[🇮🇳] India---News & Views

[Bilal9]

The oil price per barrel will reach $200 in near future. Being a large economy India is able to absorb economic shock arising from increased oil price. The same cannot be said about Bangladesh. We need to buy oil from Russia at a much cheaper price to reduce pressure on the economy. To buy oil from Russia requires the US nod of approval.

We are all in the same boat.

India is already rationing petroleum and LPG/Propane cylinders. Their ability to absorb shock is limited as they have scarce reserves themselves. These are all imported items - made by processing crude. I would not believe their propaganda.

Even if Modi grovels at Putin's feet, Putin won't budge. I have heard reports that mention, Putin has increased crude price for India at three times what used to be, prior to Trump's action with Iran.

The Thai tanker crossing the Hormuz Strait that got bombed by the Iranians was a Thai-owned tanker headed for Kandla, where Adani has a refinery. Goodbye to that crude for India.

Bangladeshi tankers have been given explicit green signal by the Iranians - Thank Allah.

It is tragicomic how the incumbent leadership in India, always chooses the wrong side in any conflict.