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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.
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Early on January 3, 2026, the United States apprehended Venezuelan President Nicolás Maduro and his wife and removed Maduro from power. Maduro was transported to New York, where he now faces federal charges of narco-terrorism and drug trafficking.
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The recent military operation to remove Venezuelan President Nicolás Maduro and First Lady Cilia Flores raises several implications for the future of Venezuela and Latin America, geopolitics, and...
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The consensus is that beyond the exit of Nicolás Maduro, a regime change must occur to garner interest from companies.
Venezuela’s oil industry has been in the spotlight since President Donald Trump captured the country’s President Nicolas Maduro.
Trump’s decision to seize sanctioned Venezuelan oil is tightening storage constraints and threatening a sharp production collapse, analysts warn
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.
In discussing the dramatic seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, over the weekend, President Donald Trump declared that the United States would now “take back” the country’s oil. Yet he has offered little clarity on what exactly this means.
The country could see a relatively rapid recovery of some oil production, depending on the leadership that emerges.
