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.
US Secretary of State Marco Rubio, visiting Mumbai, pushed India to buy more US and Venezuelan oil and said the two countries are "perfectly aligned" on core issues. Foreign Minister S. Jaishankar hosted trilateral talks with the UAE foreign minister on trade, energy and connectivity. Rubio's trip includes the world's largest oil refinery, which processes large volumes of Russian crude.
Why it matters: India's choice of crude suppliers affects Russia's oil revenues and US trade relations.
US Secretary of State Marco Rubio is set to visit Mukesh Ambani's Reliance refinery in Gujarat, a major supplier of diesel, as US diesel prices surge. Reliance is also investing in a US refinery and buying Venezuelan oil.