đš BREAKING: CHINA SLAMS U.S. OVER VENEZUELA OIL WARFARE â CALLS IT âBULLYINGâ đšđłâĄđșđž
Beijing just unleashed a blistering public condemnation of Washingtonâs moves around Venezuelaâs oil exports â blasting them as illegal interference and a direct attack on sovereignty đđ„. The Chinese Foreign Ministry labelled U.S. pressure on Caracas to ditch ties with China and Russia in favor of Washington a blatant violation of international law and âtypical bullyingâ tactics. ïżŒ
â ïž What ignited the outrage:
The U.S. has been redirecting Venezuelan oil supplies â once bound for Chinaâs refineries â to American buyers after the Trump administration struck deals and loosened sanctions on shipments. Thatâs angered Beijing, which sees this as a strategic squeeze on its energy lifelines. ïżŒ
đąïž Chinaâs biggest fear:
Venezuela has been one of Chinaâs top crude partners, sending hundreds of thousands of barrels of heavy oil every day â crude that fuels key refineries and industrial output. Now, that flow could dry up or be rerouted, forcing China to scramble for alternative supplies like Iranian or Russian heavy crude instead. ïżŒ
đ Big picture takeaway:
Energy markets arenât just about barrels and prices anymore â theyâve become a geopolitical battleground between the worldâs two biggest economies. Venezuelaâs massive oil reserves are now a flashpoint in a brewing superpower standoff with wideâranging implications for global trade, energy security, and international law.
đ„ Watch These Tickrs:
đ $XAU â showing riskâoff pressure amid geopolitical strain
⥠$SOL â price reacting to market sentiment swings
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