America Lifts Sanctions On Russian Nord Stream 2 Gas Pipeline Into Europe; India Should Prepare For Rising Crude Prices
by Venu Gopal Narayanan - May 21, 2021 03:37 PM
Vladimir Putin (Twitter)
Snapshot
The Russian-American meet in Reykjavik may mark a season of rising global crude oil prices, and that would have an adverse impact on India.
Hopefully, Raisina Hill is clued in to such goings-on and preparing contingencies accordingly.
The news of the year broke today, 20 May, with America blessing the completion of Nord Stream 2 â a set of Russian gas pipelines being laid through the Baltic Sea, from Ust-Luga near St. Petersburg, to Lubmin in Germany. The announcement was made during the course of a meeting in Reykjavik, Iceland, between American Secretary of State Anthony Blinken, and Russian Foreign Minister Sergei Lavrov.
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