CM Chandrababu Naidu calls it 'historic moment etched in steel'. Modi govt's earlier plans to privatise Vizag Steel Plant faced massive protests, especially during Andhra Pradesh polls.
Centre announced in early February that it’ll sell Visakha Steel, but employees & all political parties including ruling YSRCP have hit the streets in protest.
The oil math is skewed against the White House. The blockade has a slim chance of working. Iran can remain defiant, and China unconcerned, longer than Trump can remain solvent.
IEA projects sharp reversal from its earlier expectations, with global demand for oil in 2026 turning negative. Hormuz disruptions have pushed crude prices to $130 per barrel.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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