Brent crude futures rose 71 cents, or 0.8%, to $94.64 a barrel by 0622 GMT while U.S. West Texas Intermediate crude futures were at $91.55 a barrel, up 78 cents, or 0.9%.
Even if Narendra Modi is too petrified to take a stand, the Congress and Sonia Gandhi have rightly criticised this outright violation of international norms.
India’s strategic reserves offer a temporary cushion as the Hormuz blockade amid US-Israel war against Iran jolts global energy markets and threatens energy security.
Announcement comes amid sustained strain on trans-atlantic alliance, with French President Macron declaring that France will forge an independent European security architecture.
The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.
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