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India considering switch from Russian to Venezuelan oil per Trump.

4 February 2026
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India considering switch from Russian to Venezuelan oil per Trump.
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US President Donald Trump announced a trade deal with India, stating New Delhi would pivot away from Russian energy. However, India has not publicly confirmed this commitment. Trump pressured India to stop buying Russian oil due to the war in Ukraine, offering reduced trade tariffs in return. India currently sources 30% of its oil from Russia but has been reducing purchases.

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Tags: AsiaBusiness and EconomyDonald TrumpEconomyEnergyEuropeExplainerindiaLatin Americanarendra modiNewsoilOil and GasRussiaRussianSwitchTrade WarTrumpUnited StatesUS & CanadaUS-Venezuela TensionsVenezuelaVenezuelan
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