US announced a trade deal framework with India on Feb 2 🇺🇸🇮🇳 • US signaled lower tariff pressure on Indian exports • In return, energy sourcing became a part • India may reduce reliance on Russian oil over time • US energy and trade access likely to improve • Markets now wait for timelines and execution #PLCapital #GlobalTrade #IndiaMarkets #OilMarkets #PLCapital #GlobalTrade #IndiaMarkets #OilMarkets