Can PM Modi’s UAE Visit Insulate India From Oil Shocks? What To Expect
PM Modi’s UAE Visit: Prime Minister Narendra Modi flies to United Arab Emirates on May 15 at a tense moment for global fuel security. The US-Israel war on Iran has rattled shipping lanes in the Middle East. Insurance costs are up. Freight is uncertain. Oil traders are nervous. The Strait of Hormuz, the world’s most critical…