Trump Praises Modi, Warns India on Russian Oil: Tariffs Loom

• Donald Trump praised PM Narendra Modi but warned India against continuing to buy oil from Russia.
• Trump threatened to increase tariffs on India if it does not reduce its Russian oil purchases.
• He claimed India has already significantly cut down on oil purchases from Russia.
• The warning follows ongoing US concerns about India's energy trade with Russia, despite India's stance on domestic needs.
• Trump also seeks to increase oil production from Venezuela, which has large reserves but reduced output due to US sanctions.

Why It Matters: Trump's praise for Modi is overshadowed by a stern warning on Russian oil, threatening higher tariffs on India.