Back

Pulakit Bararia

Building Snippetz la... • 2d

India currently imports 40% of its crude oil from Russia — around 2 million barrels a day — and it comes at a discounted price, $2–$5 cheaper than global rates. But what if that stops? The economic cost alone would be massive. India would end up spending $14 billion more every year — that’s enough to fund our space program (ISRO) for the next eight years. And this isn't just a government issue — this directly affects 1.4 billion people. Fuel prices would spike, inflation would rise, and the burden would fall on everyday citizens. Globally, India’s continued purchases have helped keep oil prices stable. If we pull out, experts estimate global oil could skyrocket to $200 per barrel. That would send shockwaves through global markets. Russia, on the other hand, would lose a third of its seaborne oil market. While it might redirect supply to China or Turkey, it would likely have to sell at even lower prices, reducing its war funds and weakening its geopolitical leverage.

3 Replies
19
28
1
Replies (3)

More like this

Recommendations from Medial

Mridul Das

Introvert! • 4m

As the chances of global recession is high Oil prices crashed to 62 dollars .Good news for Oil companies they will earn more now . Let's hope it will give some relief to the public. Feb- 79/barrel April- 62/barrelšŸ’„

Reply
1
2

Stoxii

MARKET KA NAYA RYTHA... • 1m

šŸŒ Barrels to Billions: Meet the Giants of Global Oil šŸ›¢ļø From the oil fields of Texas to the deserts of the Middle East — here are the top oil-producing powerhouses in the world! šŸ”„šŸ’° šŸ“Š Top 3 Producers: šŸ‡ŗšŸ‡ø United States – 720M tons šŸ‡øšŸ‡¦ Saudi Ar

See More
Reply
1
5
Image Description
Image Description

RV Dhameliya

Student • 1m

šŸ›¢ļø Global Oil Shock Ahead? Strait of Hormuz in Danger Amid Iran-Israel Tensions Key Points: 1. Shell's Big Warning: Shell Plc fears massive oil supply disruptions if the Strait of Hormuz shuts down. 2. Why It Matters: This chokepoint handles 25%

See More
3 Replies
6

Ardnim Raghuvanshi

Hey I am on Medial • 9m

The recent escalation of hostilities between Israel and Iran, highlighted by Israel's airstrike in Tehran involving 140 aircraft, is creating ripples across international markets. The potential economic implications are noteworthy: 1. Market Instabi

See More
Reply
4

Pulakit Bararia

Building Snippetz la... • 4m

We fuckedd How This Could Lead to a Global Conflict: 1. U.S.-Iran Tensions Escalate The Houthis, are backed by Iran, which means U.S. military action against them is indirectly a strike against Iran’s regional influence. If Iran retaliates—whether

See More
Reply
5

ProgrammerKR

Founder & CEO of Pro... • 3m

World's Richest Company Saudi Aramco is the richest company on Earth, built on the world’s most valuable resource—oil. With daily revenues in the hundreds of millions and reserves that can fuel the world for decades, this state-owned oil giant is th

See More
Reply
6
Image Description

Pulakit Bararia

Building Snippetz la... • 1m

Why Israel is attacking Iran? It’s not about nukes. That’s just the excuse. The real reason? Oil and the U.S. dollar. Iran sells oil cheap — up to 30% below market — and doesn’t use dollars. This threatens the petrodollar system, where global oil mu

See More
1 Reply
4
15
Image Description

Tushar Aher Patil

Trying to do better • 1d

šŸ‡®šŸ‡³ India stands firm on energy security. A strong and clear statement from the Ministry of External Affairs on India being unfairly targeted over oil imports from Russia. In a complex global energy landscape, nations must act in the best interest

See More
1 Reply
5
Image Description

mg

mysterious guy • 2m

India’sšŸ‡®šŸ‡³ merchandise trade deficit in April: $26.42 billionšŸ“ˆšŸ’¹ Exports: $38.49B Imports: $64.91B Gold imports alone: $3.1B Strong demand + volatile global prices = rising gap.šŸ’„šŸŽÆ

1 Reply
8
Image Description
Image Description

Kimiko

Startups | AI | info... • 2m

Google generates $157 billion in revenue each year from its non-Search properties. Cloud: $46 billion Subscriptions: $42 billion YouTube: $37 billion Network: $30 billion Other Bets: $1.6 billion What would Google be worth without Search?

5 Replies
2
13

Download the medial app to read full posts, comements and news.