 "Know the heavy fall in oil prices in a single step of Trump, knowing it on India")
The running war between Russia and Ukraine, which is running for almost three years, can end soon. The United States and Russia are ready to meet in Saudi Arabia for peace conversations, which has increased the expected expected. Due to this development, crude oil prices fell in the global benchmark Brent Cuddle in four%% of the Global Benchmark Brent Creation. Similarly, US West Texas Intermediate (WTI) Crood 3.8% falls by $ 70.51 per barrel.
The US President Trump said on Sunday that they could meet “Russian President Vladimir Putin to discuss the war in Ukraine. He has made the comments at such a time when the United States and Russia are going to come together to discuss the war in Saudi Arabia in the days. The unit of Nissan Security, President Hiroyuki Kikukawa, a letter of NS trading, said the markets by taking the possibility of “Russia-byerane ceasefire and the restrictions on the restrictions on the restrictions on the restrictions. Trump is also increasing the concerns of the term economic depression being held by the impact oil prices. WTI will remain between $ 66-76 per barrel because the oil prices can prevent American oil production.
On February 24, the United States and the United States, the United States and the European Union in Russia to start war with Ukraine, including severe restrictions on the influencing its oil export. The ban on Russian oil reduces Russia’s oil supply considerable. The peace agreement will remove sanctions on Russian oil, which may increase the global energy supply.
What will benefit from peace between Russia and Ukraine: India is the third largest consumer in the world and depends on imports to meet more than 85 percent. India is about to have a great benefit from the peace agreement between Russia and Ukraine because Russia is the largest crude oil supplier. Energy Cargo Tracking Firm According to Vorantxa, 31% of India’s total crude oil import was Russian oil, while November 2024 it was 36%. India’s restrictions on Russian oil is facing problems with Russia’s oil trade with Russia.
There is a problem with payment of payment of oil purchased. But if the restrictions were removed on Russia, India will benefit. India’s developing economy is oil based and produces a coffee effect from oil prices and decline. If oil prices rise, it increases inflation in India and inflation reduces if they decrease. When oil is cheaper, the price of petrol and diesel falls, which causes the cost of goods. Due to a reduction in transportation, objects also decreases and inflation decreases.