Trump touts India-Venezuela oil deal over Iran

1 min read
Source: Reuters
Trump touts India-Venezuela oil deal over Iran
Photo: Reuters
TL;DR Summary

Trump said India will buy Venezuelan oil rather than Iranian crude, claiming a deal has been made; Reuters noted the U.S. could resume Venezuelan oil imports to replace Russian supply, while India has avoided Iranian crude due to sanctions and shifted toward Russia; Trump referenced tariffs on Indian purchases of Venezuelan oil and suggested relief could come as Russian oil imports decline, and he invited China to participate in a Venezuelan oil deal.

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