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via economictimes.indiatimes.comPolitics

US courting Reliance's refining muscle to keep oil flowing, not curb Russian crude, analyst says

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Marco Rubio's recent visit to Jamnagar emphasizes strengthening energy ties between the US and Reliance Industries. With a capacity of 1.4 million barrels per day, Jamnagar plays a crucial role in global diesel exports. The US seeks to stabilize energy flows while urging India…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe US-Reliance energy ties concern diesel and crude flows, with possible effects on oil prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Marco Rubio's visit to Jamnagar strengthens energy ties between the US and Reliance Industries.
  2. 02Jamnagar has a capacity of 1.4 million barrels per day and plays a key role in global diesel exports.
  3. 03Washington urges India to diversify away from Russian oil.

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