Donald Trump: US President Donald Trump has given a big statement on Saturday. He said that instead of buying oil from Iran, India will buy oil from Venezuela. He made this statement while talking to reporters on his official plane Air Force One en route to Florida.
Trump said, “We have already made that deal. The concept of the deal is done.” He explained that ‘Concept of Deal’ means the basic structure of the deal, its understanding or preliminary agreement between the two parties before finalizing the deal.
‘China is also welcome’
Trump also said that if China wants, it can make a deal with America to buy oil from Venezuela and it is welcome.
US strategy and previous sanctions
Earlier, this information had come to light that America had told the Indian government that it can soon resume the purchase of oil from Venezuela, so that oil imports from Russia can be replaced. Three sources gave this information to Reuters.
The US move is seen as an attempt to reduce oil revenues that finance Russia, which is helping in the Ukraine war. In March last year, Trump had imposed a 25% tariff on countries buying oil from Venezuela, including India.
US President Donald Trump gave a big statement
US President Donald Trump had earlier praised the US-led initiative in the matter related to Venezuela. He said that this process is moving in a very positive direction and the export of oil from Venezuela is expected to resume soon. This entire system has been prepared with the support of Washington. During a conversation with the media in the Oval Office, Trump said, “The leadership is doing a very good job in the Venezuela situation. We are moving forward by maintaining better coordination with everyone associated with this entire process.”
He also told that many countries of the world will soon start buying oil from Venezuela and America will play an important role in this initiative. “We’re inviting the countries of the world. They’re going to start taking the oil. We’ll lead this whole plan, and so far it’s working very well,” Trump said.

