oil prices are on a high and inflation is rearing its head While: A practical reader guide

oil prices are on a high and inflation is rearing its head While: A practical reader guide

A Reuters investigation reveals that Iran in the past seven months has struck no less than 135 infrastructure targets in the ongoing war, with the critical Fujairah port beyond the Strait of Hormuz hit no less than 19 times. Despite the US and Israel providing intelligence and missile interceptors to the Gulf countries, Iran-aligned Houthis have expanded the war by hitting Saudi infrastructure, airports, oil pipelines, and refineries with impunity.

The International Monetary Fund (IMF) predicted India’s 2026 GDP growth at 7 per cent while labeling the country as the fastest-growing major economy. oil prices are on a high and inflation is rearing its head While the global energy markets are in turmoil. India under the Narendra Modi government is holding its own. Be it the Covid pandemic, Ukraine war, Gaza war or Iran war, the Indian ship is steady and growing by the day. With the Ukraine war flaring up after President Volodymyr Zelensky vowing to continue attacking Russian oil refineries and infrastructure, and Iran and its proxies continuing to hurt West Asia, the global economy is between a rock and a hard place.

Political experiments at the behest of vested powers anywhere in the world today will only cause chaos and anarchy.