The United States President Donald Trump today said that an oil deal has been finalised between the United States and India. According to Trump, India has agreed to buy Venezuelan oil from the United States as opposed to purchasing it from Iran.
The Prime Minister's remarks come amid renewed diplomatic momentum aimed at overcoming recent tensions over tariffs and energy policy.
In a post on X, the embassy said, "The partnership between the United States and India continues to reach new heights -- a defining relationship of the 21st century. This month, we're spotlighting the people, progress, and possibilities driving us forward.
The remarks from the Ministry of External Affairs (MEA) came amid escalating trade tensions between India and the United States over India's oil purchases from Russia. US President Donald Trump recently increased tariffs imposed on Indian goods to 50 per cent, in what is seen as a sign of his frustration over failing to stop the Russia-Ukraine war.
In what is expected to upset New Delhi after Prime Minister Narendra Modi's recent successful visit to Washington, US President Donald Trump targeted India and other countries on import duties and announced reciprocal tariffs from April 2.
External Affairs Minister S Jaishankar Tuesday expressed confidence that India will be able to work with whoever becomes the next president of the United States.
