Global Macro & Geopolitics

Geopolitical tensions and escalating conflicts are reshaping global trade and energy dynamics. Recent attacks in Bahrain and the Strait of Hormuz, alongside ongoing discussions surrounding the West Asia conflict, are raising concerns about oil supply disruptions and regional stability, potentially impacting global oil prices. India is actively pursuing strategic partnerships to mitigate these risks and foster economic resilience, as demonstrated by Prime Minister Modi’s proposals for the IMPACT global connectivity partnership and the India-Middle East-Europe Economic Corridor at the G7 Summit. Concurrently, India is solidifying trade agreements with key partners like the UK and EU, while strengthening ties with nations like the US, Germany, and Denmark, signaling a broader effort to diversify supply chains and enhance global trade connectivity.