Kharcha Pani | Episode 1288 | 5th March, 2026
Amid the Iran-Israel-US war, Reliance Industries shares surged 3% as brokerages like JM Financial predict fatter refining margins from diesel cracks jumping to $35–42 per barrel from $20, thanks to Middle East supply crunches on refined oil products like petrol and diesel that hit global chains. But Donald Trump faces triple blows: a US trade court orders refunds up to $175 billion (16 lakh crore rupees) for his illegal IEEPA tariffs invalidated by the Supreme Court, Judge Richard Eaton clearing thousands of businesses in We Pay the Tariffs union. Russia diverts 9.5 million barrels of crude oil on ships near Indian waters despite Trump’s pleas to stop, bolstering India’s 25-day crude and 8-week petrol-diesel reserves amid Hormuz risks. Spain’s PM Pedro Sánchez defies Trump’s trade war threat to end commerce, declaring “No to war” and pulling US aircraft from Morón and Rota bases, calling strikes illegal and warning of humanitarian disasters. To see how these setbacks reshape the global oil game, Trump’s war strategy and India’s energy edge, Watch the Full Video Now!
The copyright ownership in the video rests with India Today Group. No third party is permitted to use the video without obtaining the permission of India Today Group. Any permission for usage can be obtained through the email ID provided here: mail@lallantop.com.
न्यूज़ लेटर के लिए क्लिक करें : https://www.thelallantop.com/newsletter
खबरों को विस्तार से पढ़ने के लिए क्लिक करें यहां : https://www.thelallantop.com/
Instagram: @thelallantop
Facebook: @thelallantop
Twitter: @TheLallantop
Production: Sheikh Naved
Video Editor: Ved Prakash
