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U.S. Secretary of State Rubio visited India's Reliance refinery to discuss increasing the refining of Venezuelan crude oil, aiming to balance sanctions against Russia with oil price stability.
U.S. Secretary of State Marco Rubio has arrived in India for a two-day visit, during which he will tour Reliance Industries' Jamnagar refinery in Gujarat. Rubio stated on Tuesday that he would discuss increasing the refining of Venezuelan crude oil with Reliance. The visit aims to balance multiple U.S. objectives: punishing Russian energy buyers, curbing rising oil prices during the war with Iran, and addressing soaring U.S. diesel costs. The Jamnagar refinery, the world's largest single-location refinery, processes 1.4 million barrels of crude oil per day and plays a crucial role in stabilizing global oil markets.
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