Trump says India will buy oil from Venezuela instead of Iran

[Baibers_1260]

@Pakistan Space Agency

PSA sb,

So cheap VEN oil for IND, no cheap oil for PAK?

Regards

No cheap oil for PAK , correct. Saudi Oii is purchased in dollars.
India will buy Venezuelan oil not with "Asia's worst performing currency " but with (guess what) good old US Greenback Dollars.
Fantastic win for the USA.

 

[SoulSpokesman]

@Baibers_1260

Thanks for the info. Apart from Russian oil, almost every other oil is purchased in USD.

Regards

 

[Meengla]

Saar, pleaaaaseee saar. We’re a baniya country, Trump ji knows better than to threaten us. Insults are acceptable when bundled with cheap oil, jobs, and investment. Threats, suitcases, generals, and mineral handovers to the White House seem to work elsewhere.

India being smart. Not blaming them.
Pakistan's kissing Trump rear has resulted in the very desirable upgrades of the 70+ F-16s and I hear already $500 invested in minerals deal.
Make Hay, while the Sun Shines. Every Pakistani knows this is temporary phase but as long as Trump is the POTUS and as long as there is no regional war where Pakistan has to defy Trump, I see the Pak-America relationship strong.

 

[Baibers_1260]

@vasanthm

Pak is also going to be policing Gaza but they will call it a different name to make it sound respectable

Policing/security services are a respectable profession/ activity. I don't see why a different name needs to be found for that. The ancestors of today's Pakistanis (as well as Sikhs and Gurkhas) fought in British armies- they are martial race people who are skilled in military profession.

I see no reason why Pakistani security personnel providing security services should be any more looked down upon than say Sikh truck drivers, South Indian code coolies or Gujju hoteliers and shopkeepers.

Regards

Gurkhas (both Indian and Nepali citizens), provide security services in Dubai and GCC countries . A very respectable profession.
I don't know if Arabs "look up " to Gurkhas because they are "security providers ".The Kukri used by the Gurkha is a medieval weapon, and not very effective against a mounted Dhofari Tribesman armed with a scimitar approaching the Gurkha security guard at full gallop.
The Gurkhas salute very well though and salute better if you tip them. They hold the dollar bill folded in between their fingers as they raise their hand to the forehead in a quazi-military salute

 

[Dalit]

Nice to see America dictating and deciding on behalf of India. India won't buy oil from Iran and that has been decided.

 

[Baibers_1260]

@Baibers_1260

Thanks for the info. Apart from Russian oil, almost every other oil is purchased in USD.

Iranian oil too..going back in history a little with Asia's worst performing currency.

Asia’s worst-performing currency is set for a rocky start to 2026

The Indian rupee is expected to touch 92 against the dollar by end-March 2026 amid trade policy uncertainty and capital outflows.

www.cnbc.com

Regards

What percentage of India's oil imports come from Russia now after enhanced tariffs by the USA ?

 

[SoulSpokesman]

@Meengla sb

PAK-US relations will always remain strong given Pak's geopolitical positioning. The extent of the strength of the relations depends upon the precise scenario in the Greater ME at a particular point of time.

I hear already $500 invested in minerals deal.

This is however speculative.

Regards

 

[Baibers_1260]

@Meengla sb

PAK-US relations will always remain strong given Pak's geopolitical positioning. The extent of the strength of the relations depends upon the precise scenario in the Greater ME at a particular point of time.

I hear already $500 invested in minerals deal.

This is however speculative.

Regards

Whats the FDI decline in percentage over the last quarter of 2025 ?

Net FDI negative for fourth month in a row in November 2025, outflows exceed inflows by $446 million

India's net FDI remains negative for November 2025, with outflows surpassing inflows by $446 million amid investor uncertainty.

www.thehindu.com

 

[Baibers_1260]

Nice to see America dictating and deciding on behalf of India. India won't buy oil from Iran and that has been decided.

Yes, the $4 trillion economy Super Power with the world's third largest armed forces wilting after getting whacked by US tariffs.
There were brave words said by Mr. Lazor Eyes that India will buy oil from wherever it wishes.
Looks like the tariffs are making India back off.

Thanks for the info. Apart from Russian oil, almost every other oil is purchased in USD.

Data from trade sources showed India's Russian oil imports fell to their lowest level in two years in December, lifting OPEC's share of Indian imports to an 11-month high. Indian refiners have been buying more oil from Middle Eastern, African and South American countries to make up for a drop in Russian oil imports..

Russia Struggles to Offload Oil as Indian Imports Drop to Three-Year Low

Russia faces significant challenges in oil exports as Indian demand declines, leading to a rise in idle tankers off its coasts, according to Bloomberg's report.

united24media.com

 

[Baibers_1260]

@Yasser76

US is paying Pak for minerals

And yet it is inviting IND for Project Silicon, not PAK. What gives Yasser Pai?

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Regards

PS: Thanks to @Pradotlc sb for bringing this to my notice

Are we talking about Pakistani minerals or are we talking about India buying oil from Venezuela? Need to report an off topic post .
That post has been reported to the mods.

 

[r3alist]

Lol! India isn't. Venuzuelan crude will be bought at cheap rates or we ain't buying. We will import Russian oil if it's cheap.

Should trump be the One announcing it

Or at this point it's been normalised?

 

[Baibers_1260]

@Baibers_1260

Thanks for the info. Apart from Russian oil, almost every other oil is purchased in USD.

Regards

It appears Shrimati Nirmalaji hit the housewives on LPG in the current budget.
What happened to the cheap oil from Venezuela and cheap gas from Qatar ? All paid in dollars of course.

Budget impact on fuel prices: LPG rates up, petrol and diesel stable on Feb 1

Get the latest on petrol, diesel, and LPG prices in India for Feb 1, 2026. Find out how the budget might affect fuel costs. Click for details!

english.mathrubhumi.com

 

[SoulSpokesman]

@Baibers_1260

The reference to Pak minerals was brought in by @Yasser76. Obviously, you won't be reporting him.

Regards

 

[GoshtWalaPulao]

It's amazing how Indians love to throw around 'saaaar'. Reminds me of this.

 

[SoulSpokesman]

@r3alist bro

It appears Shrimati Nirmalaji hit the housewives on LPG in the current budget. What happened to the cheap oil from Venezuela and cheap gas from Qatar ? All paid in dollars of course.

The Modi govt, irrespective of who has been the FM, has kept POL prices very high. While it has hit the citizenry of course, it has prevented us from making a periodic beeline to IMF, unlike some distinguished countries in our neighbourhood.

Essentially public finances have been prioritised at the expense of private consumption

Regards