Why US Secretary of State Rubio is skipping Delhi for an Indian oil refinery
AI Summary
US Secretary of State Marco Rubio's visit to Jamnagar highlights energy cooperation with India amid broader policy tensions. Rubio indicated that Reliance Industries plans to buy more Venezuelan oil, leveraging its large refining capacity.
US Secretary of State Marco Rubio’s visit to India’s Jamnagar this week – home to the world’s largest oil refining complex – signals energy cooperation as the anchor for bilateral ties even as broader policy friction frays relations, according to analysts. On Tuesday, Rubio indicated that India’s largest private company, Reliance Industries, which owns the Jamnagar oil refinery complex, will buy more Venezuelan oil. “India is a refining superpower. They have the capability to refine heavy crude....
World Politics Markets Commodities Energy US-India relations oil refining Jamnagar Reliance Industries Venezuelan oil energy cooperation