NEW DETAILS: India holds trade talks with Iran despite US warning

Make it for today. President Trump is meeting with oil refineries in an effort to bolster America's energy independence and bring down fuel costs. Ayesha Hasni has the details from the White House. Hey, Ayesha. Hey, good morning to you. The president is going to be hosting everyone from small, midsize to large refiners today here at the White House. And the interior secretary, Doug Burgum, is telling us they're going to talk about red tape regulations on specific states like California and getting back to a policy where they're actually supporting these regulators, or excuse me, these refiners, into producing more gas to bring gas prices down. Of course, the White House is looking to drill down on gas prices ahead of the midterm elections. And part of that also includes tapping into Venezuelan oil. The country is now granting a 100-year concession for 17 of its oil fields. Here's the president. I think it's going to have a tremendous impact. It's going to ultimately, prices are going to come down. Now, will it before, will it happen before the election? I can't tell you that, but I think people are very smart. Meantime, the vice president tells Fox News the Venezuela oil deal did not come about because of the ongoing Iranian conflict, but the conflict did teach them something. Listen. What Iran has taught the world is that we need to have as much stability of supply in the oil and gas market as possible. Venezuela is a very critical piece of that. Meanwhile, Iran's president just met with Indian Prime Minister Modi yesterday to talk trade. It comes right after the U.S. warned countries who do business with Iran that they would be hit with sanctions. The recent moves by the administration, though, this economic warfare that we're watching with sanctions, with the increased production of oil, must be making Iran nervous because the president there now reportedly urging the U.S. to come back to the June memorandum of understanding, promising that it would reciprocate, match that move. No sign of that happening. The president says if there would be any more strikes on Iran, of course, we saw the first strike since June this week, if there would be any more, they would be limited. However, he said there is a possibility, a world where they could smack the regime once again. Back to you guys. Right. Especially if they continue the attacks in our part of the strait. Thanks so much. Be sure to like and subscribe for all the Fox News latest on YouTube and catch full shows streaming now on Fox One.