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    Home»Trending News»US in talks with India on Venezuelan oil purchase: envoy
    Trending News

    US in talks with India on Venezuelan oil purchase: envoy

    Team_Prime US NewsBy Team_Prime US NewsFebruary 20, 2026No Comments1 Min Read
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    Asserting the interim commerce deal, the US president mentioned he had scrapped an extra levy after Prime Minister Narendra Modi promised to stop buying oil from Moscow.

    “We now have seen India diversify its oil, there’s a dedication,” Gor mentioned.

    “This isn’t about India – the USA would not need anybody shopping for Russian oil.”

    The envoy mentioned that the commerce deal – which would scale back tariffs on Indian items to 18 per cent – may very well be finalised “very quickly”.

    “Actually, even this week, we now have each groups which can be speaking to one another and actively attending to a spot the place each will have the ability to signal,” he added.

    “The fact is there’s tens of 1000’s of factors … we’re not coping with a small nation, this is without doubt one of the largest economies, and so we’re thrilled that the interim deal is finished”.

    Oil-rich Venezuela had been one in all India’s principal crude suppliers earlier than Trump elevated US sanctions on Caracas.

    Since Maduro’s Jan 3 ouster, Trump has pressured the Venezuelan administration to open its oil fields to non-public firms.



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