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Trump Says India to Switch from Iranian Oil to Venezuelan Supply

(MENAFN) US President Donald Trump announced Saturday that India will redirect oil purchases from Iran to Venezuela, while extending an invitation to China to participate in Venezuelan crude imports.

"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 that deal, the concept of the deal, but China is welcome to come in and buy oil," Trump stated aboard Air Force One while traveling to Palm Beach, Florida.

The declaration followed Friday's commitment between India and Venezuela to "further deepen and expand bilateral partnership," Indian Prime Minister Narendra Modi said after discussions with Delcy Rodriguez, the South American nation's acting president.

Following a January 3 military operation in Venezuela, US forces apprehended President Nicolas Maduro and his spouse, transporting them to New York where both entered not guilty pleas to drug and weapons allegations.

Trump indicated his administration would "run" Venezuela and its petroleum infrastructure throughout a transitional period.

The American president had previously levied 50% tariffs on Indian merchandise, citing New Delhi's ongoing oil acquisitions from Russia.

Addressing Mexican President Claudia Sheinbaum's Friday warning of an impending humanitarian catastrophe in Cuba after Washington intensified sanctions on nations supplying oil to the Caribbean state, Trump rejected the crisis narrative.

"I think they probably would come to us. Cuba would be free again. They'll come to us. They'll make a deal," he added.

Questioned about final decisions regarding Iran, Trump revealed Tehran is "seriously talking" with the US, expressing hope for an "acceptable" resolution.

"Certainly, I can't tell you that, but we do have very big, powerful ships heading in that direction. I hope they negotiate something that's acceptable."

"Some people think that some people don't make a negotiated deal that would be satisfactory with no nuclear weapons, and said they should do that, but I don't know that they will. But they are talking to us, seriously talking to us," he added.

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