Adani, Ambani wealth soars from surging coal, oil rates triggered by Ukraine war

Gautam Adani and Mukesh Ambani are gaining from the surge in global commodity prices triggered by the Ukraine war. As per the Bloomberg Billionaires Index, Aadani added $25 billion to his wealth since the Ukraine war started and Ambani’s fortune swelled by $8 billion. A Bloomberg report said that Adani is expanding a coal mine in Australia to meet demand as prices skyrocket. While, Ambani’s Reliance id snapping up distressed crude-oil cargoes at discounts to feed its refining complex. Reliance even deferred a scheduled maintenance of the facility to churn more diesel & gasoline, claims report. Watch the full video for more.

 
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