🚨 JUST IN: 🇺🇸 U.S. OFFERS VENEZUELAN OIL TO INDIA AS SUBSTITUTE FOR RUSSIAN CRUDE
The United States has told India it can resume purchases of Venezuelan crude oil as part of efforts to help New Delhi cut back on Russian oil imports, according to Reuters sources.$SOL
This comes amid declining Russian crude imports to India and ongoing Western pressure — including tariffs — aimed at reducing India’s reliance on discounted Russian supplies.
📍 Key points:
• Washington is encouraging India to source Venezuelan crude to fill the gap left by shrinking Russian imports.$ADA
• Indian refiners have already begun diversifying supply toward the Middle East, Africa and South America.
• The shift is part of broader geopolitical efforts to reduce global revenues for Russian oil.$LINK
🛢️ Why this matters:
This move reflects a significant pivot in energy geopolitics, as the U.S. works to reshape global crude trade flows and help India balance energy needs with diplomatic and tariff pressures.
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