US-India Energy Deal – Strategic Shift or Economic Burden? | Oneindia
Video Credit: Oneindia - Duration: 03:35s - Published
US-India Energy Deal – Strategic Shift or Economic Burden? | Oneindia
OIL DEAL WITH INDIA : The implications of US President Donald Trump's announcement that American oil and gas sales to India will bridge the US trade deficit.
But at what cost to India?
With American energy being more expensive than Russian and OPEC supplies, will this move strain India’s economic stability and diplomatic ties?
As India navigates complex geopolitics—balancing relations with the US, Russia, and Middle Eastern nations—can it maintain energy security and strategic autonomy?
OIL DEAL WITH INDIA
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Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s retaliatory duties, stoking fears of a global recession. Experts warn that unless political tensions ease, oil could spiral further. West Texas Intermediate also dropped below $60, and OPEC’s surprise production boost only added to the market’s volatility. As energy markets wobble, global investors brace for more economic shocks triggered by deepening geopolitical rifts and uncertain trade dynamics.
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