China bought ‘legitimate’ Venezuelan oil from US after Maduro seizure, energy secretary says

Feb 12, 2026 | INVESTING

China has bought some Venezuelan oil that was bought earlier by the US, according to Energy Secretary Chris Wright.
“China has already bought some of the crude that’s been sold by the US government,” Wright told the media in Caracas, without giving details. “Legitimate Chinese business deals under legitimate business conditions” would be fine, he said, when asked about possible joint ventures in the country.
China’s Foreign Ministry spokesman Lin Jian said he wasn’t familiar with Wright’s…

Read More

Pin It on Pinterest