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UNCAPTIONED: Trump Announces India's Plan to Phase Out Russian Oil
Trump Announces India's Plan to Phase Out Russian Oil. President Donald Trump announced that Indian Prime Minister Narendra Modi has agreed to phase out purchases of Russian oil. The move is part of U.S. efforts to cut off funding to Russia amid the ongoing war in Ukraine. India has faced pressure from Washington but has continued buying discounted Russian crude to support its economy. Trump acknowledged that India cannot stop imports immediately but said the process would be completed soon. The Trump administration imposed steep tariffs on Indian goods, partly in response to its trade with Russia. Indian officials argue the U.S. stance is hypocritical, citing continued Russian trade by the U.S. and Europe. Despite tensions, Trump praised Modi and both leaders recently discussed progress in trade negotiations. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
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