During a webinar hosted by Carnegie India, ex-NSA Menon said neither India or China are very clear on how to navigate the crisis and are 'hedging' the border situation in Ladakh.
Operation Epic Fury has disrupted and broken down global supply chains, and the tremors are being felt all over the world due to a systemic breakdown of trade, logistics & input flows.
Up to 7-8 million barrels of Venezuelan oil is expected to arrive in India over the next month while US waiver also opens window for stranded Iranian crude oil.
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