DONALD Trump has just blown a hole in Vladimir Putin’s warchest – and the shockwaves are already rippling through Moscow, Beijing and New Dehli. In a move branded by the Kremlin as “an act of war”, the US President slapped sweeping sanctions on Russia’s oil titans Rosneft and Lukoil – and within hours, the pain began to bite. Global oil prices surged nearly five per cent overnight, China’s state oil giants froze Russian purchases and India – Moscow’s biggest remaining lifeline — is preparing to slash imports. For Putin, the timing couldn’t be worse. His forces are still pounding Ukraine,...