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India, Saudi Arabia Agree to Set Up Two Oil Refineries
Posted
April 23, 2025
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3:55Now PlayingIndia and Saudi Arabia agreed to deepen energy ties and pursue closer cooperation in areas like tourism and technology as the countries seek to strengthen relations amid ongoing trade uncertainties. An accord was reached to establish two oil refineries in India through a joint venture between the countries, India’s Ambassador to Saudi Arabia said. The developments come after Saudi Crown Prince Mohammed bin Salman and Indian Prime Minister Narendra Modi met in Jeddah on Tuesday. Bloomberg's Anthony di Paola reports.
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