Trump announces India will buy Venezuelan oil instead of Iranian
after close1 source ↓written by the desknot a recommendation
- on Venezuelan oil
- 25%
U.S. President Donald Trump stated that India will shift its oil purchases from Iran to Venezuela, aiming to reduce revenue for Russia amid ongoing sanctions. This move follows U.S. tariffs of 25% on Venezuelan oil buyers, including India. The U.S. seeks to bolster Venezuelan supplies to offset declining Russian oil imports. 🌍💼
Not investment advice. For informational purposes only.