Tag Archives: Impact of FATF blacklist on oil markets and energy sector
The Financial Action Task Force (FATF), an organization known for its power to blacklist countries, is currently casting its dark shadow over Russia. In a desperate move, Russia has turned to India, pleading for support to avoid the impending disaster. However, India must carefully consider the consequences before extending a helping hand. The potential blacklisting of Russia by the FATF would have far-reaching implications for Indo-Russian trade, defense partnerships, and the delicate global order. It is a test of India’s mettle and its ability to protect its own interests while navigating the treacherous waters of international geopolitics. The time has come for India to take a firm stance and reject this audacious appeal, signaling its unwavering commitment to safeguarding its sovereignty and national security.