The UAE's 2026 exit from OPEC and OPEC+ signifies a major shift from cartel-managed oil supplies to strategic autonomy. For India, which imports 85% of its crude, this fragmentation presents opportunities for independent negotiation but requires immediate expansion of strategic reserves and alternative payment mechanisms amidst Middle Eastern conflicts.
Click to View MoreA windfall tax (SAED) targets supernormal corporate profits arising from external crises. Recently hiked to ₹14/litre on diesel, India utilizes this tool to stabilize domestic fuel supplies, offset excise cuts, and curb inflation amidst the 2026 global energy crisis.
Click to View MoreThe Reserve Bank of India kept the repo rate unchanged at 5.25% and retained a neutral stance, citing a favourable macroeconomic environment. With inflation projected at 2.1% for FY26 and GDP growth expected at 7.4%, the central bank opted for a cautious pause to allow the impact of earlier rate cuts to transmit fully. The decision ensures stability in borrowing costs and EMIs while preserving policy flexibility to respond to risks such as global uncertainty, crude oil volatility, and potential inflationary pressures.
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