India may face tariff heat despite strong US ties: Peter McGuire

July 30, 2025

Peter McGuire discusses the unexpected tariff developments impacting India, noting potential pressure on manufacturers. He also addresses the recent oil price jump, attributing it to news-driven factors and potential secondary sanctions on Russian crude purchases. McGuire anticipates crude oil prices to remain range-bound between $60-$70, forecasting a supply glut towards the end of Q3 or early Q4.

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