GURU SOLL

India has drawn a firm line with Donald Trump’s administration over Russian oil. According to Bloomberg, Indian officials visiting Washington this week made it clear: if New Delhi is forced to cut off cheap Russian oil, it must be allowed to source barrels from Iran and Venezuela.
India rejects a “triple ban”
The delegation stressed that eliminating all three major suppliers – Russia, Iran, and Venezuela – would severely disrupt India’s energy supply chain and trigger a spike in global oil prices.
This warning came just days after the Trump White House slapped India with steep tariffs in retaliation for continuing Russian imports. Yet sanctions have not stopped the trade – they’ve only made it more expensive.
India, which imports nearly 90% of its oil needs, argues it cannot risk an energy crisis. Iranian and Venezuelan oil, much like Russian crude, is offered at heavy discounts. In July, Indian refiners paid an average of $68.90 per barrel for Russian oil – nearly $9 cheaper than Saudi crude and $5 less than U.S. deliveries.
Trump pressures Turkey too
Donald Trump isn’t focusing solely on India. At a White House press event, he urged Turkish President Erdogan to halt Russian oil purchases as well, reportedly offering access to F-35 fighter jets in exchange.
Trump argued that cutting off Kremlin revenues would weaken Moscow and help Ukraine win the war. But analysts caution that pushing allies without offering viable alternatives risks destabilizing global markets and sending prices soaring.
OPEC+ falls short, market remains tight
The pressure comes as OPEC+ struggles to meet its own production targets. Since April, the group has fallen short by roughly 500,000 barrels per day – about half a percent of global demand.
Even with countries like the UAE cleared to raise output, the collective still lags behind. For India, this means one thing: the oil market remains volatile, and every new U.S. decision could rewrite the rules of the game.
India is now putting Trump in a corner: if Russian oil must be cut, Washington must unlock barrels from Tehran and Caracas. Otherwise, the world should brace for another oil price shock.
#TRUMP , #India , #russia , #Geopolitics , #GlobalMarkets
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$XRP Crypto analyst Steph Is Crypto has shared an in-depth perspective on XRP, emphasizing both on-chain metrics and technical patterns that could shape its next market move.
In a recent video, the analyst reviewed the short-term holder net unrealized profit and loss ratio, describing it as a critical indicator for assessing market positioning.
According to the explanation, this metric highlights phases of capitulation when the line turns red and reflects optimism phases, such as belief, denial, and euphoria, when the line shifts into green or blue zones.
Presently, the indicator is in the orange zone, with short-term holders approaching capitulation. The analyst noted that historically, the orange and red phases have often provided strong entry points. For instance, in December, when the line shifted into green, XRP reached a local top before undergoing a correction.
Conversely, in June and November, when the metric turned red, it coincided with price floors, with XRP rebounding significantly in subsequent weeks. According to Steph Is Crypto, this history suggests that a further dip in the short term could mark an important opportunity.
✨Technical Patterns and Breakout Levels
The analyst then turned to XRP’s chart on the two-day timeframe, focusing on the price action within a falling wedge or bull flag structure. Price movements are currently compressing between downward-sloping resistance and support lines, with the asset attempting to break out.
The commentary indicated that a confirmed breakout would require a daily close above the $3 level, which would signal a shift in momentum and strengthen the bullish case.
On a broader scale, XRP’s previous resistance is now acting as new support, a development described as encouraging for long-term structure.
The analyst pointed out that XRP has shown a repeating pattern of rallies followed by compression phases, a sequence that has continued to support the broader uptrend. Based on this observation, the expectation is that another rally could follow in line with the established structure.
✨Price Targets and Risk-Reward Balance
Looking ahead, the analyst maintained key price targets for XRP, with $3.65 as an immediate objective, followed by the $4 and $4.55 ranges.
The risk-reward profile was presented as favorable, with limited downside so long as the weekly price does not close below $2.70. A move beneath that level would weaken the structure, but the analyst emphasized that current conditions leave more room for upside than downside.
Steph Is Crypto underscored that both the net unrealized profit and loss ratio for short-term holders and the technical structure of XRP are aligning toward a potentially significant move.
With historical patterns suggesting that capitulation zones have marked major lows, combined with the ongoing compression within a bullish chart pattern, the outlook remains optimistic. XRP’s ability to secure a daily close above $3 is seen as the critical confirmation point for the next phase of upward momentum
$XRP