Russia’s largest and most valuable state oil company, Rosneft, has agreed to supply nearly 500,000 barrels of crude oil daily to India’s Reliance Industries, which operates the world’s largest refinery, marking the biggest India-Russia energy deal ever, valued at $13 billion per year at current prices. The supplies for the 10-year deal will begin shipping in January 2025 and there is an option to extend the agreement for another 10 years. This agreement will account for 0.5% of the global