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Rubio's remarks signal deeper India-US energy ties for Reliance

firstpost.com — October 21, 2026 at 01:01 AM UTC

US Secretary of State Marco Rubio said Reliance Industries' refining capabilities could support closer India-US energy cooperation, including potential opportunities involving Venezuelan crude, ahead of his visit to the Jamnagar refinery. Rubio highlighted Reliance's "extraordinary capacity to refine" petroleum and its US refining investments as areas for partnership, noting Venezuela's rising production could offer India new supply options. He said the company could help diversify India's energy sources. India relies heavily on imported crude, and broader supplier access could aid refiners amid geopolitical disruptions. However, any Venezuelan crude purchases depend on commercial terms and sanctions, while Rubio also said a US-India trade deal was "incredibly close."

With a significance score of 2.2, this news ranks in the top 23% of today's 33115 analyzed articles.

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