šØ BREAKING ENERGY DEAL CLAIM: TRUMP SAYS INDIA WILL BUY VENEZUELAN OIL šŗšøš®š³š¢ļø
U.S. President Donald Trump has announced that India is set to begin purchasing crude oil from Venezuela instead of Iranian supplies, as part of a broader shift in global energy sourcing and diplomatic pressure by the United States. ļæ½
The Indian Express +1
ā” Key Highlights:
⢠Trump claims a deal has already been made for India to buy Venezuelan crude over Iranian oil. �
⢠The U.S. has signaled that India may resume Venezuelan oil purchases to reduce reliance on Russian crude imports. �
⢠Trump also suggested that China could participate in similar Venezuelan oil deals. �
The Indian Express
Reuters
Business Recorder
š Why It Matters:
š This could reshape major energy trade flows between India, Venezuela, the U.S., Russia, and Iran. ļæ½
š Markets are watching crude price reactions and refinery demand in Asia.
š It highlights intensifying geopolitical competition around oil supply and security.
The Indian Express
š More developments coming as countries respond.
#BREAKING: #OilPolitics #EnergyShift #IndiaOil #FedHoldsRates