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CANADA'S PRIME MINISTER, HIS OPPONENT KICK OFF CAMPAIGNS

Hindustan Times Haryana

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March 25, 2025

US President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States.

- | Agencies

WASHINGTON:

In February, China received directly and indirectly some 503,000 barrels per day (bpd) of Venezuelan crude and fuel, which represented 55% of total exports.

Spain, Italy, Cuba and India are other consumers of Venezuelan oil. US imports of the oil are set to end in early April unless Trump extends the wind down.

"The move will mainly impact China. India's oil import from Venezuela is mainly by one private refiner. Total purchase from Venezuela is less than 2% of India's total crude import in 2024," one expert said.

Hindustan Times Haryana

यह कहानी Hindustan Times Haryana के March 25, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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