By Brian Shilhavy
Who Imports Venezuelan Oil?
This chart for 2024 (2025 stats not out yet) clearly explains what happened today. It almost needs no commentary.
I am somewhat surprised that Trump so quickly abandoned the “drug cartels” excuse for these attacks and now kidnapping of Maduro, and today freely admitted it is all about the oil.
As this chart shows, China imports more Venezuelan oil than almost all other countries combined.
They had a slight decrease in imports in 2024, but the U.S. increased their imports of Venezuelan oil by 64% in 2024.
And they want us to believe that Maduro was a threat to the U.S.?? He was making a ton of money from sales of oil to the U.S.!
Could the real story be that the U.S. asked him to stop selling to China, as they have to other oil producing countries, like Iran and India, but Maduro refused?
China has many ways to respond to this if the flow of oil to China from Venezuela now dries up. They still control about 90% of the worlds “rare earth” minerals needed for Big Tech’s AI.
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