U.S. President Donald Trump stated on Saturday that India will buy oil from Venezuela to replace some of the Russian oil purchased by the world's third-biggest oil importer, according to a report from the reporting window between 11:15:35 AM and 12:15:35 PM UTC on February 1, 2026. The statement comes amid ongoing regional tensions, including Pakistani security forces clearing Quetta of Baloch Liberation Army control earlier that morning between 9:15:51 AM and 11:15:29 AM UTC, as reported by BilalYasirBjr on X, while clashes persisted in Nushki, Sibi, Sohbatpur, and Bakhtiarabad over the past two hours prior to the current window. India's recent 2026 budget allocated no funds for the Chabahar port for the first time, confirmed by WIONews and Sidhant on X around 9:00 AM UTC, aligning with U.S. sanctions on Iran under President Trump, following the transfer of USD 120 million to Iran with the last tranche in August 2025. The Indian Air Force budget was revised upward to ₹72,000 crore from ₹48,000 crore, a 50% increase, as reported by Griezmenace on X around 8:30 AM UTC, within the broader 2026-2027 defence budget of ₹784,678.28 crore that included a 22% rise in capital outlay to ₹219,306.47 crore.
