Trump, China and 300 billion barrels of Venezuelan oil
As the US powers ahead with its plans to recover Latin America’s ‘oil El Dorado’, we explore Venezuela’s environmental and geopolitical outlook
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As the US powers ahead with its plans to recover Latin America’s ‘oil El Dorado’, we explore Venezuela’s environmental and geopolitical outlook
New sanctions will ban imports to the EU of products derived from Russian oil from January 21. But critics point to enforcement loopholes and also warn that Chinese ‘teapot’ refineries may be picking up oil now shunned elsewhere.
The capture of Venezuelan President Nicolás Maduro and the deadly nationwide protests in Iran are separate events unfolding on different continents...
Venezuela was supposed to repay its loans from China with oil. âThe US blockade on Venezuelaâs crude industry means that Beijing wonât see any that oil it is owed â at least for the time being.
An ex-CIA analyst tells Newsweek tanker seizures show Trump is "making good on the pledge" to enforce a "US sphere of influence."
The US intervention in Venezuela may jeopardize both the flow of discounted Venezuelan oil to China's teapot refineries and the role of Chinese oil companies in Venezuela’s upstream business.