🚨 BREAKING ENERGY SHIFT: China Looks to Replace Venezuelan Oil 🌍🛢️
According to The Wall Street Journal, China is moving to replace Venezuelan oil supplies with Canadian crude after a major disruption in Venezuela’s exports.
🇻🇪 Since the capture of Maduro, Venezuelan oil exports have dropped by 75%, hitting China the hardest.
China previously imported around 440,000 barrels per day of Venezuelan crude — now facing a serious supply gap.
🇨🇦 After Canadian Prime Minister Carney’s recent visit to Beijing, China is actively exploring Canada as a replacement supplier.
🧠 Why This Matters:
Major geopolitical shift in global energy flows
China diversifying oil sources under pressure
Long-term impact on oil markets & geopolitics
Energy + macro news often fuels crypto volatility
Markets are watching closely as energy politics reshape global trade routes ⚡🌍
Analysis by Sheraz Chughtai
#ARPA #DUSK #FHE #BreakingNews #OilMarket
