The Hindu Businessline

The move comes as President Donald Trump launched Project Vault, a strategic stockpile of critical minerals with $10 billion from the U.S. Export-Import Bank and $2 billion in private funding

India is committed to not only no longer purchasing Russian oil, but buying oil from the United States, also perhaps from Venezuela too, says White House Press Secretary Karoline Leavitt

Neither side provided a start date for the trade deal. Greer said that US and Indian officials were still putting terms on paper. A US official said the goal was to complete that work this week or soon thereafter

The incident coincides with ongoing diplomatic efforts for Iran-U.S. nuclear talks and follows increased U.S. military presence in the Middle East

The Trump administration said on Monday that India had agreed to stop buying Russia oil

The forum notes that such an agreement would help strengthen supply chains and enhance economic resilience in both nations

The US is set to import the most Venezuelan oil in a year after the Trump administration moved to control the countrys energy supply and pressed oil companies to invest $100 billion in rebuilding the countrys oil infrastructure