With Donald Trump getting re-elected as US President, Trump 2.0 is likely to see some easing of global wars, reduced geopolitical uncertainty and stabilisation of crude oil prices, according to a report by stockbroking firm Prabhudas Lilladher.

The report highlights that Trump's foreign policy has historically placed more emphasis on dialogue than long-term military engagements. This approach could potentially end the Russia-Ukraine conflict, leading to a more peaceful global environment.

It said that the arrival of Trump 2.0 is likely to lead to some reduction in global wars, reduction in geopolitical uncertainty and stability in crude oil prices.

With Republicans' strong control over the US Senate, House of Representatives and conservative majority in the Supreme Court, the Trump-led administration is expected to implement and sustain massive policy changes. These changes could reshape business dynamics, geopolitical strategies and regulatory frameworks globally, the report said.

The report also highlights Trump's strong diplomatic ties with Saudi Arabia and the UAE. His role in the 2020 Abraham Accords and his close relationship with Saudi Crown Prince Mohammed bin Salman indicate that he can maintain stability in the Gulf region, reduce tensions and benefit global trade.

On the energy front, Trump's policies to increase domestic oil production to pre-pandemic levels of 13 million barrels per day could challenge OPEC's influence on oil prices. This move would strengthen America's position as a net oil exporter, reduce dependence on Middle Eastern oil and ensure long-term energy price stability.

It said Trump's policies to expand domestic oil production, which is returning to pre-pandemic highs of 13 million barrels per day, could reduce OPEC's ability to control prices, thereby promoting long-term energy price stability.

The report expresses views on how a Trump-led White House could impact trade and strategic ties with India. However, it identifies sectors such as defence, IT and global capability centres (GCC) as areas where India could benefit under a China+1 strategy. Stable crude oil prices and reduced geopolitical uncertainty could also strengthen India's economic prospects.

The report said Trump's re-election could reshape global dynamics, and provide significant opportunities for countries like India amid a more stable geopolitical and economic environment.