US President Donald Trump mentioned that India is planning to purchase oil from Venezuela, a move that he believes will benefit Caracas economically while moving New Delhi away from Iranian oil supplies. Trump made these comments while speaking to reporters on Air Force One during a late-night flight to Florida. He stated that his administration has already made a deal with Venezuela.
Trump highlighted that India’s decision to buy Venezuelan oil instead of Iranian oil has not been officially announced by New Delhi yet. This development comes after Prime Minister Narendra Modi’s recent phone call with the interim Venezuelan leader. Trump also mentioned that China is welcome to participate in purchasing Venezuelan oil, indicating a potential shift in global energy dynamics.
The US President linked Indian oil purchases from Venezuela to a decrease in Iranian exports, without providing specific details on the arrangement. He expressed optimism about Venezuela’s financial gains from increased oil sales, emphasizing potential benefits for the US as well. Trump refrained from disclosing a final decision on US policy towards Iran, stating ongoing negotiations.
