What’s the effect of the Russian oil price cap, ban?

GS Paper3/GS Paper 2 Syllabus: Indian Economy/ Internal Relations   Source: Indian Express, The Hindu Context: Western countries, G7 and European Union have agreed to cap the price of Russia’s oil exports (to $60 per barrel) in an attempt to limit the fossil fuel earnings that support Russia’s budget, its military and the invasion of Ukraine. What …

The ever-growing uncertainty of crude oil prices and geopolitical instability surrounding its supply, make it imperative for India to approach alternative fuels which are cleaner and cheaper on a mission mode. Critically Analyse.

Topic: Infrastructure: Energy, Ports, Roads, Airports, Railways etc. 5. The ever-growing uncertainty of crude oil prices and geopolitical instability surrounding its supply, make it imperative for India to approach alternative fuels which are cleaner and cheaper on a mission mode. Critically Analyse. (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: With Goldman …