India to buy oil from Venezuela instead of Iran? Trump says ‘concept of deal’ made
Trump: We've already made a deal!
Trump: India to buy Venezuelan oil!
Reuters: US pushes India to buy Venezuelan oil.
Trump's Tariffs: A 25% hit on Venezuelan oil buyers.
Trump: Venezuela offers 50 million barrels!
Trump: We'll run Venezuela!
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Why this matters
US President Donald Trump on Saturday (local time) said that India had already "made" a deal to buy oil from Venezuela, adding that China too was "welcome" to buy oil from the South American country. India is coming in, and they're going to be buying Venezuelan oil as opposed to buying it from Iran. Trump imposed 25% tariffs on countries buying Venezuelan oil, including India, in March last year. Earlier, Trump said that Venezuela has offered Washington "50 million barrels of oil" worth $5.2 bil
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