In recent years, US officials framed conflicts involving Russia and China as existential threats to that order, arguing that defending it justified sanctions, military aid and economic containment.

Davos 2026: Anant Goenka of RPG Group said that the risk for India is very low. ''Our macros are so strong. Today, if you go and think what can go wrong, there's not much that comes to mind. On top of that, we are growing well.'

He added that India is not alone in this approach. "Even Japan, which is truly an American ally, has sought all kinds of ways to circumvent or to take advantage of oil price cap".