Markets

U.S. eyes refining muscle of Indian billionaire Ambani’s Reliance as Rubio visits Jamnagar plant

Summary

United States officials are examining the massive refining capabilities of the industrial complex owned by billionaire Mukesh Ambani in India. Senator Marco Rubio toured the facility and suggested that these operations could assist the country in broadening its energy sources, potentially involving increased imports of Venezuelan oil.

Rubio said the "extraordinary" refining capacity of Reliance could help India diversify its energy supplies, hinting at greater offtake of Venezuelan crude.

Source: Read the full story at US Top News and Analysis

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