US proposes Venezuelan oil swap to India to curb Russian crude reliance
Published on: Jan. 31, 2026, 11:11 a.m. | Source: The Financial Express
The Trump administration is easing restrictions on India’s purchase of Venezuelan oil in light of a delayed trade deal and accusations of funding Russia’s war in Ukraine. Recent statements from top US officials suggest a reversal in this stance, driven by the goal to increase American firms’ trade and sale of Venezuelan oil. | financialexpress.com
