🇺🇸The US is trying Hard to stop 🇷🇺Russia from Aggressively helping the 🇮🇳Indian economy in its dark hour.
Hormuz has been effectively shut for more than 200 days. 🇸🇦Saudi Aramco has officially just halted crude supplies to Indian refiners after the East-West pipeline was hit.
This is the moment 🇷🇺Russia’s newly launched Vostok Oil project in the Arctic becomes India’s saviour.
🇷🇺Russia has just loaded the first tankers from the massive new Arctic project. India already owns 49.9% of the key Vankorneft stake.
New Arctic route. No Hormuz. No Red Sea. 1.4 billion people just got a backup supply.
But 🇺🇸America now wants 🇮🇳India to struggle, so Washington has signed a law giving Trump the power to hit India with up to 100% tariffs for buying Russian oil.
Writer: W James ( opinionated)
India WPI Inflation Rises in May
India's WPI inflation for May (new series) climbed to 9.7%, up from 8.3% recorded in April, signaling a notable rise in wholesale price pressures