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Market Impact: 0.55

Trump’s Foes Find Common Ground at Modi’s New Delhi Summit

Source: Bloomberg

Geopolitics & WarSanctions & Export ControlsTax & TariffsTrade Policy & Supply ChainEmerging Markets

Russia, Iran and other emerging-power leaders presented a united front at a New Delhi summit, issuing a statement criticizing the US-led war in the Middle East, Washington's tariff campaign and its sanctions policy. The coordinated rhetoric heightens geopolitical and trade-policy risk, with potential implications for sanctions compliance, global supply chains and risk sentiment.

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