🪔 🔸 VT 🔸 🪔

RBI parked 17.2% of India’s entire forex reserves in gold; a record-high concentration bet. Gold just crashed ~20% from peak. That’s ≈$20 BILLION evaporating from India’s national kitty. The “record $728B forex” was a gold price bubble, not Modi’s policy success. We weren’t building reserves. We were riding a commodity rally. RBI chief was warned about this at IMF 2025. He dismissed it. In public. On record. The bill has arrived. India’s national savings just took a ₹1.7 lakh crore hit and the government has nothing to say.

RBI parked 17.2% of India’s entire forex reserves in gold; a record-high concentration bet. Gold just crashed ~20% from peak. That’s ≈$20 BILLION evaporating from India’s national kitty. The “record $728B forex” was a gold price bubble, not Modi’s policy success. We weren’t building reserves. We were riding a commodity rally. RBI chief was warned about this at IMF 2025. He dismissed it. In public. On record. The bill has arrived. India’s national savings just took a ₹1.7 lakh crore hit and the government has nothing to say.

Lifting sanctions on Iranian oil currently stranded at sea? Sorry—we’re sold out.

We remain resolute. This morning in the Mediterranean, the French Navy intercepted and boarded another vessel from the shadow fleet, the Deyna. The war involving Iran will not deflect France from its support for Ukraine, where Russia’s war of aggression continues unabated. These vessels, which evade international sanctions and violate the law of the sea, are profiteers of war. They line their pockets while helping finance Russia’s war effort. We will not allow it.

🇮🇷🇺🇸🇬🇧 Iran launched two intermediate-range ballistic missiles toward Diego Garcia Airbase. The distance between Iran’s southern shores and Diego Garcia base is above 3500 km The cap for missiles range during Ayatollah Ali Khamenei’s life was 2000 km. This marks the first long range attack since the start of the War. 🚨 A lot of chatter about US asking permission from India to support a military asset that will be used to bomb Iran from Western India. Look at the Missile distance on Map INDIA needs to say NO to America.

Iran has declined the US permission to sell oil. Says it has no surplus crude oil to offer international markets; that’s diplomatic speech for fuck off.