Uploaded January 2026 | Updated September 2026, 2 weeks ago
Trump has snatched the world’s biggest oil reserve!
And cut China off from its top energy source!
That’s what the world is being told – but neither is true, oil analysts say.
China saw the US attack on Venezuela coming, and started dramatically increasing its purchases of oil 18 months ago. The Chinese have also continued to diversify, oil analysts said.
As a result, the events in Caracas will have no direct impact on Chinese energy usage -- but it will change the world's attitude towards the United States.
Trump has snatched the world’s biggest oil reserve!
And cut China off from its top energy source!
That’s what the world is being told – but neither is true, oil analysts say.
China saw the US attack on Venezuela coming, and started dramatically increasing its purchases of oil 18 months ago. The Chinese have also continued to diversify, oil analysts said.
As a result, the events in Caracas will have no direct impact on Chinese energy usage -- but it will change the world's attitude towards the United States.
