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Posted on 01/05/2026 6:57:18 AM PST by DFG
China today urged Donald Trump to stay away from Venezuela's oil after the US said it would run the country following an operation to capture president Nicolas Maduro.
Its call came as the captured Venezuelan leader was driven to a court in New York this morning after being indicted alongside his wife on charges of 'narco-terrorism'.
The US president revealed American oil firms will 'go in and rebuild this system' as he signalled a plan to take control of huge and largely untapped reserves in Venezuela.
But China, which has invested billions in Venezuela's oil industry, claimed agreements it has with Caracas over oil exports from the country would be 'protected by law'.
China, an ally of Venezuela, also called for Mr Maduro and his wife Cilia Flores to be 'immediately released' in a strong condemnation of the operation over the weekend.
China's foreign ministry said the move was a 'clear violation of international law, basic norms in international relations, and the purposes and principles of the UN Charter'.
Officials in Beijing also called on Washington to 'cease efforts to subvert the Venezuelan government and resolve issues through dialogue and negotiation'.
Just last Friday, Mr Maduro was at the Miraflores Palace in Caracas meeting Qiu Xiaoqi, special representative of the Chinese government on Latin American affairs.
Meanwhile more than a dozen oil tankers loaded with Venezuelan crude and fuel were revealed to have fled the country in an attempt to evade American forces.
Mark Almond, director of the Crisis Research Institute in Oxford, claimed Mr Trump's move to take over the country's oil production means he 'now feeds refineries in Louisiana hungry for a special type of heavy oil in which Venezuela specialises, and he controls the supply that China had been leaning on'.
(Excerpt) Read more at dailymail.co.uk ...
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Venezuela’s oil fields and pipelines
"Venezuela's president Nicolas Maduro and Chinese official Qiu Xiaoqi in Caracas last Friday"
No Oil For You !!
“China today urged Donald Trump to stay away from Venezuela’s oil...”
Now isn’t that so altruistic.
So, Trump can tell China to stay away from Taiwan.
Yeah...we did, too.
What is that a chart of?...................
China can suck it. We’re here. They’re half a world away. There isn’t crap they can do about it.
Venezuelan oil is gooey smelly crap. Not every country can refine it.
Shut up before your fascist dictator ends up in a NY court with Maduro.
“Hands off Venezuela, bad USA!!!!”
— China
“Taiwan belongs to China! It is good to persecute and murder the Uyghurs!”
— also China, probably
.
Not a smart play…..if they desire oil.
Exactly.
China needs a General Augusto Pinochet, big time.
ΜΟΛΩΝ ΛΑΒΕ (Molon Labe) meaning “come and take it” in the original Greek language.
China goes on the world market, and not some set of regions that they think is their hegemon.
If the Chinese Communist Party leaders think they have some moral superiority, let them show it by a few reforms of their own.
China says the US is acting like a cowboy.
It’s a new year but “Yippie ki yay …… ……” comes to mind.
Items:
1) 2005 was the year that began a hugely sharp increase in the estimates of Venezuela oil reserves, about the time Chavez got all his ministers to bend the knee and do what they were told, and also at the time he was appealing to Russia and China about the worthiness of support.
There was no, repeat, no establishment of an exploration budget in that time frame. These were not new discoveries.
2) Iran/Iraq still have on their books a requirement that if one declares an increase in oil reserves, the other must do the same. All regardless of exploration budget or discoveries. This because OPEC rules allocate production quota according to reserves.
3) The Orinoco super heavy is NOT the source of what ships at about 900K/year right now. It is too difficult to extract, for anyone. There were always multiple fields, and that Orinoco super heavy WAS the source of reserves declaration.
4) Those folks who want to sneer at China’s demands can lean back and consider what this will look like — Until the US changes its behavior and joins the moral normalcies of the majority of Earth’s population encompassed by BRICS, we cannot in good faith allow any shipments of neodymium magnets to them or to anyone who might trans-ship them.
10-15 yrs before we can produce our own.
China should stop stealing Argentina’s fish.
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