Date: 6/01/2026 18:23:25
From: captain_spalding
ID: 2347474
Subject: re: US Politics 2026 #1
Cymek said:
dv said:
![]()
Seen a bit of this kind of thing on social media.
Russia and Iran are among the world’s major oil exporting nations. They don’t need oil from Venezuela.
Would this not be noticed
China buys most of Venzuela’s oil because:
- it’s heavy crude oil, rich in bitumen, which is useful for China and of which type of oil China does not have a great deal
- it’s part of a repayment scheme (oil for loans) to repay significant loans to Venezuela by China
- it help keep Venezuela’s oil industry stable, enabling it to be used as an economic tool/weapon against American oil interests