Foreign Minister S. Jaishankar justifies these imports as a “moral duty” to ensure affordable energy for Indians, but critics argue private refiners like Reliance gain the most by exporting refined fuels globally. Reliance credits its robust performance to its integrated refining and petrochemical operations, not just Russian oil.
The Jamnagar complex, celebrating its 25th anniversary, showcased new green energy initiatives, including a gigafactory and solar project. It also briefly gained international airport status to accommodate global guests for an Ambani family event, highlighting its broader significance.
US President Donald Trump’s recent 50% tariffs on Indian goods, citing India’s role in funding Russia’s war, have escalated diplomatic friction. Prime Minister Narendra Modi’s silence underscores the delicate balance of energy security, economic gains, and international pressures, with Reliance at the heart of this complex dynamic.
