Russia Wants to Sell Gas to India! | Iran-US War Impact on Indian Economy | PM Modi Appeal to India

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Russia Wants to Sell Gas to India! | Iran-US War Impact on Indian Economy | PM Modi Appeal to India

PM Modi makes a historic appeal to Indian citizens as oil prices hit $120. In this high-stakes explainer, Ankit Agrawal from StudyIQ IAS analyzes the impact of the U.S.-Iran war on your pocket and the national economy.

As the conflict in the Middle East escalates, global supply chains are breaking, and Brent crude has surged to record highs. In response, Russia has stepped forward with a massive offer to sell discounted oil to India. However, with U.S. sanctions and the closure of the Strait of Hormuz, the logistics of this deal are more complex than ever. We break down the "General License" waivers, the risk of a "Grocery Emergency," and why the Prime Minister is asking Indians to cut back on fuel and gold.

Is India heading toward stagflation, or can a new deal with Moscow stabilize the Rupee? Watch the full analysis of studyiq current affairs to stay ahead of the crisis.

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