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Original headline: Trump trying to gain popularity : Waiel Awwad says Russia oil sanctions waiver big relief for India
Read the original on heraldglobe.com ↗
Keywords
oil pricessanctionsRussiaDonald TrumpPVD
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Related tickers and likely impact
PVD
▼ Likely negativePetroVietNam
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 16,421 bn VND |
| P/E | 14.8 |
| P/B | 0.95 |
| Close on 10/16/2026 | 17.65 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- US tariff waiver on Russian crude a comforting relief , but trade uncertainties persist : CareEdge Chief Economist Rajani Sinha
CareEdge Chief Economist Rajani Sinha says the US waiver on Russian crude gives India comforting relief, but the reprieve may be temporary, so India should secure a comprehensive bilateral trade deal with Washington. She views the threatened tariffs of up to 100% as a negotiating technique, and notes that Russian crude's discount advantage has narrowed to about $117 per barrel versus Brent near $120. Russia supplies over 30% of India's crude imports, mainly to ensure steady energy availability. Sinha projects the current account deficit at 0.8% to 1.2% of GDP and average inflation around 5% for the fiscal year, though crude above $100 per barrel could raise inflation risks. She attributes rupee weakness mainly to global sentiment and capital flows, and backs the IDBI Bank stake sale as a step toward budget targets.
- Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver
- Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver
- Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver – Winnipeg Free Press
Asian shares were mixed on Monday as volatility in technology stocks persisted, while U.S. equity futures edged higher. Oil fell more than 1% after President Donald Trump waived sweeping sanctions on Russia, including on Russian energy, with Brent down 1.8% to $107.86 per barrel. South Korea's Kospi rose 1.1% to 5,729.58 but is down more than 18% over the past month, while Japan's Nikkei 225 lost 0.8% to 64,799.03. Indonesia's stock index fell another 5% to its lowest since 2020, after plunging over 11% on Friday following an MSCI warning about a possible downgrade. Tech shares have been sold off recently over concerns about the sustainability of the AI boom, and on Friday the S&P 500 fell 1.1% and the Nasdaq sank 2.1%.
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