India's Russian Oil Problem | Iran Talks After Drone Shootdown | Gold Market Chaos

Good Morning, I'm Nelson John. Today on Top of the Morning: President Trump claims India agreed to stop buying Russian oil, but industry insiders say 1.2 million barrels daily will keep flowing for months because contracts are already locked. Then, a US fighter jet shoots down an Iranian drone heading for an aircraft carrier just hours before announcing talks are still on for Friday in Istanbul. Gold and silver pulled off one of the wildest rides in decades, crashing 20% to 40% from record highs before bouncing back this week, exposing what analysts call a broken market structure. And the Reserve Bank of India is expected to pause rate cuts on Friday, shifting focus to liquidity operations as banking system pressures mount despite ₹6.6 lakh crore in support measures. When headlines say one thing but the details tell a different story, we break down what's actually happening. Learn more about your ad choices. Visit megaphone.fm/adchoices