S&P Global warns! Taking out Russian oil would turn price dynamics ‘upside down’; Trump tariffs driving India to economic independence

Sep 29, 2025 - 14:30
S&P Global warns! Taking out Russian oil would turn price dynamics ‘upside down’; Trump tariffs driving India to economic independence

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S&P Global forecasts oil prices dropping to $55-60 a barrel next year, though removing Russian oil could fundamentally alter market dynamics. Surprisingly, high US tariffs are driving nations towards self-sufficiency, shifting investment decisions beyond cost.

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