
Nitin Pai
122.7K posts

Nitin Pai
@acorn
“Eppur Si Mouve!” Director of The Takshashila Institution @TakshashilaInst https://t.co/bWbaasEgoq Fediverse: @[email protected]




Exclusive India eyes 6th generation #FCAS Looks at tying up with France for possible collaboration India will come in if FCAS between France, #Germany, Spain fails to take off Second attempt at collaboration after FGFA with Russia theprint.in/defence/india-…


The path away from war still exists, says @badralbusaidi, Oman’s foreign minister. He lays out what both America and Iran must do to engage in negotiations once again economist.com/by-invitation/…

The Geneva Conventions make it clear that attacks may only be directed against military objectives. A civilian object like a block of flats loses its protection only if it is being used to make an "effective contribution to military action."

Press Release of the Embassy of Ukraine to the Republic of India New Delhi, March 19, 2026 india.mfa.gov.ua/en/news/press-…

Trump says U.S. “knew nothing” about Israel’s attack on South Pars. Trump knew and supported it, as we reported today, seeing it as a message to Tehran over the Strait of Hormuz. He then decided no more attacks on Iranian energy sites (which he semi-confirms re: South Pars).


I'm going to make some obvious points. (1) Blowing up all the oil infrastructure in the Middle East is an insane idea, and may well result in a global economic crash and humanitarian crisis unrivaled in the lives of those now living. We're talking about the price of everything everywhere rising, from food to gas, at a moment when inflation was already high. All of that will be laid at the feet of the authors of this war. (2) The antebellum status quo of Feb 27, 2026 was just not that bad, but we're unlikely to return to it. Expect indefinite, long-term, ongoing disruptions to everything out of the Middle East. (3) Also assume tech financing crashes for the indefinite future. The genius plan to get the Gulf states caught in the crossfire has incinerated much of the funding for LPs, for datacenters, and for IPOs. Anyone in tech who supported this war may soon learn the meaning of "force majeure" as funding gets yanked. (4) Many capital allocators will instead be allocating much further down Maslow's hierarchy of needs, towards useful basic things like food and energy. (5) It's fortunate that all those progressives yelled about the "climate crisis." Yes, their reasoning about timelines was wrong, and much of the money was wasted in graft, but the result was right: we all need energy independence from the Middle East, pronto. It's also fortunate that Elon and China autistically took climate seriously. Now they're going to need to ship a billion solar panels, electric vehicles, batteries, nuclear power plants, and the like to get everyone off oil, immediately. (6) It's not just an oil and gas problem, of course. It's also a fertilizer problem, and a chemical precursor problem. Maybe some new sources will come online at the new prices, but it takes time to dial stuff up, particularly at this scale, so shortages are almost a certainty. That said, China has actually scaled up coal-to-chemicals[a,c] (C2C), and there's also something more sci-fi called Power-to-X[b] which turns arbitrary power + water + air into hydrocarbons. But all of that will need to get accelerated. I have a background in chemical engineering so may start funding things in this area. (7) Ultimately, this war is going to result in tremendous blame for anyone associated with it. It's a no-win scenario to blow up this much infrastructure for so many people. Simply not worth it for whatever objective they thought they were going to attain. But unless you're actually in a position to stop the madness, the pragmatic thing to do is: scramble to mitigate the fallout to yourself, your business, and your people. [a]: reuters.com/business/energ… [b]: alfalaval.com/industries/ene… [c]: reuters.com/sustainability…

We're only three weeks into this war of choice, imposed on both Iranians and Americans. This $200b is the tip of the iceberg. Ordinary Americans can thank Benjamin Netanyahu and his lackeys in Congress for the trillion-dollar "Israel First tax" that's about to hit U.S. economy.










