Trump cuts India tariffs, says Modi will stop buying Russian oilListen to this articleUS President Donald Trump hailed Indian Prime Minister Narendra Modi as 'one of my greatest friends'WASHINGTON (UNITED STATES) - US President Donald Trump announced a trade deal with India on Monday, saying that Prime Minister Narendra Modi had promised to stop buying Russian oil over the war in Ukraine. India's refusal to stop buying oil from Russia -- which Washington says funds Russia's invasion of Ukraine -- has been a bone of contention for months as Trump seeks an elusive end to the war. Trump added that Modi "agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. Russian oil has been the major hurdle. Trump also said in October that Modi had promised to stop buying Russian oil, but an agreement did not materialize at the time.

Source: Bangkok Post February 02, 2026 22:21 UTC