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India Eyes Venezuelan Oil Amid U.S. Pressure

2/5/2026

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Story summary
  • India is exploring oil purchases from Venezuela, according to Foreign Ministry spokesman Randhir Jaiswal.
  • This comes amid pressure from the United States to halt Russian oil imports.
  • U.S. President Donald Trump announced a trade deal with India.
  • Foreign Minister S. Jaishankar said negotiations are ongoing, with a comprehensive agreement expected by mid-March 2025.