🚨 #BREAKING: China hits back hard at US over Venezuela oil grab 🔥
Beijing just slammed Washington's moves on Venezuelan oil exports, calling it straight-up bullying and a blatant violation of international law + Venezuela's sovereignty. China says US demands for Caracas to ditch ties with China/Russia and go exclusive with America on oil is pure interference in a country's own resources. 🇨🇳🇻🇪
Anadolu Agency sources
Key flashpoints rn:
⚠️ US diverting Venezuelan oil shipments to America
Trump admin says up to $2B in Venezuelan crude – previously headed to places like China – could now flow to US refineries to tighten domestic supply after sanctions relief and Maduro's capture.
Reuters
⛽ China's big worry:
Venezuela's heavy crude is crucial for Chinese refineries. Losing those flows forces Beijing to hunt alternatives like Iranian oil or others – could spike costs big time.
Reuters
📉 Markets feeling it
Crude benchmarks dipped on the news as traders factor in rerouted supplies + escalating geo risks.
Reuters
🚨 Beijing's strong pushback:
China has:
• Flat-out rejected US calls to sever Venezuela's economic/diplomatic links with China & Russia
• Branded US tactics as "bullying" breaching int'l law
• Demanded full respect for Venezuela's control over its own oil
Anadolu Agency
Energy wars turning geopolitical af – Venezuela's huge reserves caught right between US & China.
Watch these gems closely boys 👇