Donald Trump Says India Will Purchase Venezuelan Oil to Replace Russian Imports
U.S. President Donald Trump announced that India will begin purchasing oil from Venezuela. This move is intended to reduce energy revenues used by Russia.
Insights:
On Jan. 31, 2026, United States 
USPresident Donald Trump donald trumpsaid India 
INwill buy Venezuelan 
VEoil while speaking to reporters on Air Force One en route to Florida from Washington, D.C. During the briefing, Donald Trumpstated that China 
CNwas also welcome to make a deal with the United Statesto buy Venezuelanoil. The presidential remarks come as part of a broader diplomatic push to redirect global crude flows and manage international trade relationships.
USPresident Donald Trump donald trumpsaid India INwill buy Venezuelan VEoil while speaking to reporters on Air Force One en route to Florida from Washington, D.C. During the briefing, Donald Trumpstated that China CNwas also welcome to make a deal with the United Statesto buy Venezuelanoil. The presidential remarks come as part of a broader diplomatic push to redirect global crude flows and manage international trade relationships.
