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Falling Oil Prices: Why A Strategic Opportunity Awaits India

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NEW DELHI: Amidst the crisis comes an opportunity. While the global economy takes crippling blows day after day, thanks to the Chinese virus otherwise known as COVID-19, plummeting crude oil prices will enable India to not only partly make up for some financial deficit but also hedge for the future by beefing up its strategic oil reserves. On Simply Nitin this week, we trace the origins of a fall back option in the energy sector

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Nitin A. Gokhale
Nitin A. Gokhale is a communications specialist, media entrepreneur, strategic affairs analyst and author of more than a dozen books on military history, insurgencies and wars. One of South Asia's leading strategic analysts, Gokhale has moved on from conventional media to become an independent media entrepreneur running three niche digital platforms—BharatShakti, StratNewsGlobal and StratNewsGlobal.tech —besides undertaking consultancy and training workshops in communications for military institutions, corporates and individuals. An avid films and sports buff, Gokhale in fact started his career in journalism in 1983 as a sports reporter. Since then, he has, in the past 42 years, traversed the entire spectrum across print, broadcast and digital space. Now better known for his conflict coverage and strategic analyses, Gokhale has lived and reported from India’s North-east for 23 years between 1983 and 2006, been on the ground at Kargil in the summer of 1999 and also brought us live coverage from Sri Lanka’s Eelam War IV between 2006-2009. An alumnus of the Asia-Pacific Centre for Security Studies in Hawaii, Gokhale now writes, lectures and analyses security and strategic matters in Indo-Pacific and travels regularly to US, Europe, Australia, South and South-East Asia to take part in various seminars and conferences. Gokhale is also a popular visiting faculty at India’s Defence Services Staff College, the three war colleges, India's National Defence College, College of Defence Management and the IB’s intelligence school.