Goa, March 25 -- In a move that could disrupt global oil markets, U.S. President Donald Trump announced on Monday that he would impose a 25% tariff on countries purchasing oil and gas from Venezuela, a decision that experts warn could affect major buyers, including China and India. Venezuela, which has long been a contentious figure in U.S. foreign policy, continues to export oil to a range of nations, including the U.S., Spain, China, and India.

In a statement posted on his social media platform, Trump emphasized that Venezuela's relationship with the United States had been hostile and that the country's actions were counter to American values. "Venezuela has been very hostile to the United States and the freedoms which we espouse," he ...