Rubio urges India to buy more US energy as trade deal nears
US Secretary of State Marco Rubio visited Reliance's Jamnagar refinery, met Gautam Adani and N Chandrasekaran, and urged India to buy more US and Venezuelan oil and US defense equipment. Both sides said a bilateral trade deal is close.
Why it matters
A deal would reshape trade and energy flows between the world's largest democracies.
Background
India is the world's third-largest oil importer and has relied heavily on Middle Eastern crude. US-India trade talks have been under way for months.
The story so far
- Rubio to visit Reliance's giant refinery as US diesel prices surge
- Rubio urges India to buy more US and Venezuelan oil during Mumbai visit
- Rubio urges India to buy more US energy as trade deal nears
Sources
- The Hindu ↗Oct 20, 9:18 PM ET
- CNBC ↗Oct 21, 12:47 AM ET
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