ADD ANI AS A TRUSTED SOURCE
googleads
Menu
US

Trump says India has made deal to "buy Venezuelan oil"; urges China to do the same

Addressing reporters aboard Air Force One, he said, "China is welcome to come in and make a great deal on oil. We've already made a deal. India is coming in, and they're going to be buying Venezuelan oil as opposed to buying it from Iran. So, we've already made the concept of the deal."

ANI Feb 01, 2026 09:05 IST googleads

US President Donald Trump (Photo/Reuters)

Washington DC [US], February 1 (ANI): US President Donald Trump said that China is "welcome" to buy Venezuelan oil and India already "made" a deal to buy the oil.
Addressing reporters aboard Air Force One, he said, "China is welcome to come in and make a great deal on oil. We've already made a deal. India is coming in, and they're going to be buying Venezuelan oil as opposed to buying it from Iran. So, we've already made the concept of the deal."
"We've already made a deal. India is coming in and they're going to be buying Venezuelan oil as opposed to buying it from Iran. We've already made a deal. India is coming in and they're going, we've already made that deal, the concept of the deal. But China's welcome to come in and buy oil," he added.
The Indian government has not yet responded to Trump's comments yet.
Earlier, US President Donald Trump said that Venezuela has offered Washington "50 million barrels of oil" worth USD 5.2 billion, and he has agreed to that deal.
Addressing the press on the renaming of Southern Boulevard to Donald Trump Boulevard, Trump said, "We're dealing with the new President. We're dealing with a lot of the people who are running the country...They said, we have 50 million barrels of oil, and we have to get it processed immediately because we have no room. Will you take it? I said, we'll take it. It's equivalent to USD 5.2 billion."
Trump further commended the "great relationship" with the Venezuelan interim government, formed after the US captured former Venezuelan President Nicolas Maduro in a military operation.
"We've had a great relationship with the people who are currently the Interim President and everybody else. A lot of pressure has been released," he said.
After Maduro's capture, Trump had made it clear that Washington would "run" Venezuela during a transition and needs "total access to the oil and to other things in their country."
Trump's comments also confirms recent report of New York-based news outlet Semafor that the US has made its first sale of Venezuelan oil valued at USD 500 million.
According to the Semafor report, revenue from the oil sales is currently being held in bank accounts controlled by the US government, as indicated in Friday's order, according to the administration official. The main account, according to a second senior administration official, is located in Qatar. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
Asia

"India harnessed digital tools to expand...": MEA Secy (West)

George highlighted how digital tools and AI empower 1.4 billion Indians.

Read More
Asia

PM Modi speaks to Iranian President Pezeshkian

PM Modi speaks to Iranian President Pezeshkian

"Had a conversation with Iranian President, Dr. Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure," PM Modi posted on X.

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
Asia

MoCA closely monitoring air travel situation in West Asia

MoCA closely monitoring air travel situation in West Asia

The Ministry of Civil Aviation is closely monitoring the evolving situation in the West Asia region and its impact on air travel between India and countries in the region. Airlines are undertaking necessary operational adjustments in view of the prevailing conditions to ensure passenger safety and the orderly conduct of flight operations.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.