Hey Majestic-milf,
keep yourself a little bit up-to-date on what's happening around the world instead of reading an outdated article that was published in December 2021. We are in 2022 for your kind information, that is too June. So wake up!
Inflation has been a problem for the entire world. But two things have recently happened,
1. Russia agreed to sell oil to India at $35 discount per barrel.
2. OPEC Plus countries have decided to increase production from July and continue in August as well
These will drastically increase the oil supply in the world market and the price of the oil will come down to a great extent. Now along with interest rate hike and cheaper oil, the high inflation should come under control by the end of the 2022.
But that is correct - India is getting discounted oil from Russia, and USA didnot object. And I fail to understand why USA is so kind to IND - only because India is an allie? They discriminate when they give a bit extra attention to their favourite kid. I am a bit jealous. May our country get the subsidised oil too so there is some stability in the country. Ameen