Trump announces key agreement with India: it will be its main oil partner and leave Russia out

Published Feb 2, 2026

Original content

Donald Trump announced that he has reached a key economic agreement with India. The most important point is that the Asian country will stop buying oil from Russia, with the United States and Venezuela now being its allies in this matter. This came after a conversation between the said leader and the Prime Minister of India, Narendra Modi. Furthermore, a reduction in tariffs between the two countries was confirmed, from 25% to 18%. In addition, a commitment to increase U.S. imports and invest more than 500 billion dollars in energy, technology, agricultural products, and coal from the United States was made. Several months ago, Trump had anticipated that India would stop buying oil from Russia, which would deprive that country of crucial income, used in particular to finance the war in Ukraine. The nation, for its part, "agreed to stop buying Russian oil and acquire much more from the United States and, eventually, from Venezuela," Trump stated on his social media Truth Social ...
Source: Biobiochile

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