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'India Open To Explore Commercial Merits Of Venezuela Oil Import': MEA On Trump's Russian Oil Claim
India’s Ministry of External Affairs rejected suggestions that New Delhi is shifting its crude lipid imports distant from Russia solely successful effect to US pressure, stressing that vigor information drives each specified decisions. Responding to claims by erstwhile US President Donald Trump, MEA spokesperson Randhir Jaiswal said Venezuela has historically been an important vigor spouse for India. He explained that India imported Venezuelan lipid until 2019–20, restarted purchases successful 2023–24, but halted them again aft sanctions were reimposed and a 25% US tariff was announced connected countries buying Venezuelan crude. Jaiswal emphasized that India remains unfastened to evaluating lipid supplies from immoderate root based connected commercialized merit. He added that diversification of vigor imports, aligned with marketplace realities and planetary developments, remains a halfway pillar of India’s semipermanent vigor strategy.
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