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@asianomics

ASIANOMICS

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PostedJan 2301/23/2026, 11:59 AM
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🇨🇳🇻🇪US letting China buy Venezuela oil but not at ‘unfair’ Maduro prices The Trump administration is allowing ‌China to purchase Venezuelan oil but not at “unfair, undercut” prices at which ‍Caracas sold the crude before the US removed President Nicolas Maduro, a US official said. The US says it will control Venezuela’s oil sales indefinitely after seizing Maduro on January 3. “Thanks to President [Donald] Trump’s decisive and successful law enforcement operation, the people of Venezuela will collect a fair ‍price for their oil from China and other nations rather than a corrupt, cheap price,” ‍the official said. China has been Venezuela’s top oil buyer for years, and the sales helped Caracas repay massive loans to Beijing in debt-for-oil ‌deals. #China#Venezuela @asianomics