Petrol, Politics, and Power: A Look at Global Oil Trade Amid War

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Look, the whole world is connected to each other and in such a situation, if anything happens in one place, it affects the whole world. It has been more than 3 years since the war between Russia and Ukraine has been going on and since then many things have changed in the whole world and after that new wars have also started in some places. Look, many countries have imposed sanctions on Russia, but it seems that it has not had any effect on it because the war is still going on, even though Ukraine is being supported by many big powers, but Russia is also not alone, many countries are standing with it. Many countries are not supporting openly, but Russia is getting support in some way because Russia has an advantage that it has a lot of natural resources due to which it has survived for so long.

Well, many countries, especially America, want to stop this war but they are not able to do so because Putin hardly listens to anyone and I feel that until he achieves his goals, nothing can be said about when he will stop. Russia has many natural resources and one of them is petroleum, yes petroleum from which petrol is made and there are so many other things. When crude oil is extracted, it is then used to make petrol and so many other things. Ever since other countries have imposed sanctions on Russia, India, China and other countries are buying oil from there in large quantities because there is a lot of protection from Russia, if there is no buyer, then they may have to send it at a cheaper price and India and China have been taking advantage of this thing for a long time.

But many western countries are getting troubled by this and they are openly asking India to stop this trade but look, every country has its own interest, no one is related to anyone, geopolitics is very dangerous and you must have seen in a few years how it can destroy things. Look, unless you get some benefit from a country, you may not trade with it or do anything, but India is gradually developing, maybe western countries cannot see that apart from China and Russia, there are other countries which are also increasing taxes, look, no one has seen it, but the price of petrol will be affected a lot if some new prices are talked about in India, this has also not been imposed worldwide, some countries are demanding it, but India is not going to bow down this time. If the price of crude oil increases, then it will have a huge impact all over the world and things will automatically become expensive.

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