India's Pivotal Role in Balancing Principles and Interests Amid Global Turmoil
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India's oil purchase policies helped stabilize global oil and gas markets amid the Russia-Ukraine war, managing inflation.
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India's oil purchases prevented a surge in prices and potential competition with Europe.
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India was respected in LNG markets while smaller countries were ignored.
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On the war, India balances principles and interests, maintaining ties with Russia.
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India plays a pivotal role reforming institutions like G20 and BRICS as it gains geopolitical prominence.