U.S. Secretary of State Marco Rubio is scheduled to visit the world’s largest oil refinery in Jamnagar, India, owned by Mukesh Ambani’s Reliance Industries. This visit occurs amid rising diesel prices in the United States, with U.S. diesel futures having risen by 5 percent. Retail diesel prices risk exceeding record highs. This energy diplomacy visit could influence oil prices and have repercussions on the upcoming U.S. midterm elections and the balance of power in the Senate.
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