Trump Says India Has Made Deal To ‘Buy Venezuelan Oil’; Urges China To Do The Same

US President Donald Trump has announced that India has struck a deal to purchase Venezuelan oil, positioning it as a strategic shift away from Iranian supplies. Speaking to reporters aboard Air Force One on 1 February 2026, Trump emphasised that the agreement underscores a broader US-led effort to redirect global oil flows."China is welcome to come in and make a great deal on oil," Trump stated.
US President Donald Trump has announced that India has struck a deal to purchase Venezuelan oil, positioning it as a strategic shift away from Iranian supplies. Speaking to reporters aboard Air Force One on 1 February 2026, Trump emphasised that the agreement underscores a broader US-led effort to redirect global oil flows."China is welcome to come in and make a great deal on oil," Trump stated.
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