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03.02.26 - 13:24
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Chinese Oil Firms Turn To Iran To Replace Venezuelan Crude (ZeroHedge)
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Chinese Oil Firms Turn To Iran To Replace Venezuelan Crude
Via The Cradle
China's teapot refiners are buying discounted Iranian crude to replace the loss of supplies from Venezuela following Washington's violent takeover of the South American nation's oil, Reuters reported Monday.
"The drawdown of Iranian oil held in storage is making up for the drop in Venezuelan supply to the world's largest crude importer," the news agency wrote, citing two people with knowledge of the matter.
via Reuters
Venezuelan oil shipments to China have fallen drastically since US President Donald Trump imposed a blockade on Venezuelan oil tankers attempting to leave the country in December.
On January 3rd, US forces bombed the Venezuelan capital, abducted Venezuelan President Nicholas Maduro, and took control of the country's oil. Washington announced it was placing Venezuela's oil revenues in accounts in Qatar under White House control.
Trump has allowed global trading firms Vitol and Trafigura t...
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03.02.26 - 05:21
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Im Venezuela keimt vorsichtiger Optimismus (Tagesschau)
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Viele Menschen in Venezuela lehnen den US-Angriff und die Gefangennahme Präsident Maduros ab. Doch die erzwungene Öffnung des Ölsektors weckt Hoffnungen. Wie stabil ist der Kurswechsel? Von Jenny Barke....
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