U.S. Secretary of State Marco Rubio is set to visit Reliance Industries' Jamnagar refinery in India, the world's largest, as U.S. diesel prices surge ahead of the midterm polls; his trip to India runs between Oct. 17 and 22. The International Energy Agency has warned that diesel market constraints may keep prices elevated into next year, and President Trump earlier this month paused Russia sanctions to allow Moscow's supplies into the global market. U.S. Ambassador Sergio Gor said the visit was scheduled given Reliance's investment in a U.S. refinery project and hinted that Mukesh Ambani would meet Rubio, though Reliance did not respond to CNBC's queries. Experts say the trip focuses on business deals, and Jamnagar, with crude processing capacity of 1.4 million barrels per day, has strong capacity to export diesel.
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