Trump: India Agrees to Stop Buying Russian Oil, Enter Trade Deal with U.S.
President Donald Trump announced Monday that the United States and India have reached a trade agreement and that India has committed to stop buying Russian oil.
Trump revealed the developments in a Truth Social post on Monday and called Indian Prime Minister Narendra Modi one of his “greatest friends” after speaking with him in the morning.
“We spoke about many things, including Trade, and ending the War with Russia and Ukraine. He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela,” Trump wrote.
“This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week!” he added.
Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement.
When two large economies and the…
— Narendra Modi (@narendramodi) February 2, 2026
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Photo credit: Gage Skidmore via Flickr
