Replenishment of inventories lost during West Asia crisis is unlikely to recover before second half of 2027 as global oil stocks remain 509 mn barrels below pre-war level, it adds.
Reported fighter-jet deal could extend Islamabad’s defence network into Horn of Africa, where Saudi Arabia & Türkiye are vying for influence & control of strategic maritime routes.
Multiple headwinds make the turbulence Modi is battling as he steps into his 26th year in public office. This has brought the 3-point Modi proposition under the greatest pressure since 2014.
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