By Nidhi Verma and Jarrett Renshaw NEW DELHI, Jan 30 (Reuters) - The United States, which imposed tariffs on India last year for buying Venezuelan oil, has told Delhi it can resume those purchases soon to help replace imports of Russian oil,

The US shale oil industry is one of the primary keys to US energy independence, a foundational block of the Trump administration’s policies for rebuilding US industry and reducing inflation and costs for US citizens.

Venezuelan lawmakers have approved a law change that will make it easier for foreign companies to take part in the country’s oil industry, in a move by Caracas to meet the demands of US President Donald Trump.

WASHINGTON, DC – In the weeks since the United States snatched Venezuelan President Nicolás Maduro, the Trump administration has been selling the country's oil stash, netting millions of dollars and prompting concerns from lawmakers and industry insiders about corruption.

Venezuela moves to privatize its oil industry after U.S. intervention, a shift driven by Trump’s push to reshape energy policy.

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Venezuela's acting president signs law ending state oil monopoly, reversing decades of socialist policy to allow private companies control of the industry.

The U.S. is lifting some sanctions on Venezuelan oil, seeking to allow American firms to trade and sell more oil that is produced there. The move comes as the administration has said it will sell Venezuelan oil following its capture of leader Nicolás Maduro.