🚨 Global Oil Shock | Venezuela–China Tensions
A Chinese-owned tanker carrying 1.8M barrels of Venezuela’s premium Merey 16 crude was seized near Venezuela by the U.S., signaling a geopolitical supply shock.
Key Takeaways:
• Merey 16: high-value, heavy crude critical for complex refineries
• U.S. enforcement tightening; China–Venezuela energy ties in focus
• Every seized barrel tightens global supply, adding volatility and geopolitical premium
Market Implications:
• Bullish pressure on crude
• Increased volatility for energy-linked assets
$LIGHT $FOLKS $PIPPIN
#Oil #Geopolitics #Venezuela #China #EnergyMarkets #CrudeOil #Merey16 #GlobalRisk



