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Opinion

The Energy Wars: How Oil is Redrawing the World Map
Geopolitics, Newsletter, Opinion

The Energy Wars: How Oil is Redrawing the World Map

Executive Summary Since Russia’s 2022 Ukraine invasion, global oil trade has undergone its most dramatic transformation in decades. India emerged as an unlikely beneficiary, increasing Russian crude imports from negligible volumes to 1.6 million barrels daily—40% of total imports—generating $2.7 billion monthly savings through $15-20 per barrel discounts. Western sanctions triggered a 60% redirection of Russian exports from Europe to Asia within 18 months, enabling Moscow to earn $119 billion from oil sales in 2024. The crisis accelerated alternative payment systems bypassing Western financial infrastructure, while creating permanent market fragmentation along geopolitical lines that may outlast the conflict itself.   Trade, Tariff, Trump and  Tremor In the three years since Russi...
Why Energy Journalism Matters More Than Ever
Opinion

Why Energy Journalism Matters More Than Ever

Four decades of covering energy markets teaches you one thing: complexity never simplifies, it just shifts. I began as a journalist in Kolkata when energy meant keeping lights on. Two decades later, I joined ONGC for another twenty years—learning how boardroom strategies translate into operational reality. Training across India and Europe on energy transition revealed a truth: everyone’s improvising, some just do it more elegantly. Today’s energy paradoxes fascinate me. Shell invests billions in renewables while expanding oil operations. Governments promise net-zero while securing gas imports. Solar costs collapse, yet grid infrastructure requires trillions. This isn’t contradiction—it’s transformation at civilizational scale. Newscript Energy World was conceived for this momen...
India-US Tariffs Stand-off: Why Swadeshi 2.0 Can’t Wait
Geopolitics, Opinion

India-US Tariffs Stand-off: Why Swadeshi 2.0 Can’t Wait

Newscript, August 11, 2025 By Pallab Bhattacharya Donald Trump’s latest tariff strike on Indian goods is less a trade adjustment than an economic ambush. An extra 25 percentage points, piled on top of existing duties, takes the levy to a bruising 50 per cent on most affected products. Officially, the justification is India’s continued purchase of Russian crude. Unofficially, it is about leverage — a show of power wrapped in the flag of America First. As Dr Ajit Ranade, economist and vice-chancellor of the Gokhale Institute, observes: “These are not pure trade measures. They are geopolitical tools aimed at forcing policy alignment.” The Alaska Distraction The Trump–Putin encounter in Alaska on 15 August will dominate the news cycle. If Trump can return from the meeting claiming “...
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