Trump: India to Buy Venezuelan Oil, Shifts from Iran; India Yet to Confirm

• US President Donald Trump announced India will buy oil from Venezuela instead of Iran, citing a conceptual agreement.
• Trump's statement suggests a shift in global energy trade, with the US pressuring countries to change oil sources.
• The Indian government has not yet confirmed or issued any statement regarding this announcement.
• The US previously imposed tariffs on countries buying Venezuelan oil but is now changing its stance to reduce Russia's oil revenue.
• The US is working to restore diplomatic ties with Venezuela, aiming to control and profit from its oil industry.

Why It Matters: Donald Trump announced India will buy Venezuelan oil, but India has not confirmed any change in its oil procurement.