China May Also Strike Deal with the US to Purchase Venezuelan Oil, Trump Says

India will buy Venezuelan oil instead of Iranian oil, announced Trump. “We have already finalized that deal—the framework of the transaction,” said the US president. According to him, China may also strike a deal with the US to purchase Venezuelan oil.

One day prior, Washington informed India that it will soon be able to resume purchases of Venezuelan oil, three sources familiar with the matter told Reuters. According to the agency's information, this is also intended to help India replace oil imports from Russia.