Emily Fang
👤 SpeakerAppearances Over Time
Podcast Appearances
China buys about 80% of Venezuela's oil now.
Some of it shipped on unregistered boats to evade U.S.
But for China, that's just a figurative drop in the bucket.
About 4% of its total crude oil imports come from Venezuela.
seized a second oil tanker just over the weekend, and Reuters, citing documents, reports the ship and its oil had been bound for China.
China opposes all, quote, unilateral and illegal sanctions, China's foreign ministry said.
It also said Venezuela has, quote, the right to develop relations with other countries.
Venezuela has slammed the U.S.
China buys about 80% of Venezuela's oil now.
Some of it shipped on unregistered boats to evade U.S.
But for China, that's just a figurative drop in the bucket.
About 4% of its total crude oil imports come from Venezuela.