PM Modi Tariff Deal: America से Crude Oil & Gas खरीदेगा India? Trump के साथ हुई Deal!

PM Modi Tariff Deal: ट्रेड टैरिफ(Trade War) के तनाव के बीच PM Modi 2 दिन के अमेरिकी दौरे पर थे जहां उन्होंने America के राष्ट्रपति Donald Trump से भी मुलाकात की. दोनों के बीच कई मुद्दों पर पॉजिटिव बातचीत हुई. जहां अमेरिका दुनियाभर के देशों पर Tariff लगा रहा है वहीं भारत ने ट्रंप की टैरिफ से बचने के लिए अलग डील कर ली है.

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Transcript

00:00PM Modi was on a two-day visit to the US amidst the tension of trade tariffs, where he also

00:11met with US President Donald Trump.

00:14There was a positive conversation on several issues between the two, where America is tariffing

00:19countries around the world, while India has made a separate deal to avoid Trump's tariff.

00:25India's energy was the only weapon to avoid trade tariffs, and PM Modi used it in his

00:32visit.

00:33India is the largest importer of crude oil and natural gas in the world.

00:38At present, India imports the most crude oil from Russia, but Trump wants America's oil

00:44to be sold at a large level in the Indian market with countries around the world.

00:48For this, he has also asked for more production from oil companies in his country.

00:53India can also increase its 10-15% oil import from America, although this will also affect

00:58the oil coming from Russia and the Middle East.

01:02India has also appealed to America to buy oil and gas.

01:06In total, Trump wants India's big market for American oil, but there are big challenges

01:12in this regard in front of India.

01:15The biggest challenge for India to increase oil imports from America is that it gets

01:22oil at a low price from Russia.

01:24In addition to the fact that American crude oil is expensive, it will also bring more

01:28transportation costs with it, because the cost of bringing it from the American coast

01:32to India will increase.

01:34But now that PM Modi has agreed to increase oil trade between the two countries to avoid

01:40the trade war, there is no possibility that India's energy relationship with Russia will

01:45also be affected.

01:47After the agreement to buy oil and natural gas from America, there will be an option

01:53for import for Indian oil and gas companies.

01:57Apart from America, Russia, OPEC, OPEC Plus, America, Guiana or Brazil are also options

02:03for oil-imported countries.

02:05There is a stir all over the world about the oil business, but the prices of crude oil

02:11are also under pressure.

02:14In New York, the price of West Texas Intermediate crude oil has fallen by 0.78% to $70.81 per

02:20barrel, while Brent crude's price fell by 0.76% to $74.61 per barrel.

02:30On the other hand, looking at the approach taken by India on the issue of illegal Indian

02:36immigrants, it seems that the government is not taking any action against the green card

02:43issue.

02:45However, Foreign Minister Ashutosh Shankar recently said in the parliament that the Indian

02:49government will talk to the American government and ensure that illegal Indians living in

02:53America are not misbehaved while sending them back.

02:57But there was no such strong point in the conversation.

03:01Overall, for India, it is a challenge to advance commercial and political cooperation

03:05with the Trump administration.

03:09And only time will tell how successful the government will be in this.

03:13So what is your opinion on this whole news?

03:17Give us your opinion in the comment box and keep watching for such updates from Goodreturns.

03:21Don't forget to like and subscribe to our channel.

PM Modi Tariff Deal: America से Crude Oil & Gas खरीदेगा India? Trump के साथ हुई Deal! | GoodReturns

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