Trump's Oil Stupidity Just Backfired Hilariously
Trump’s Venezuela oil seizure drives China toward Iranian crude, blunting US sanctions pressure & giving Iran an unexpected payday! Right, so Donald Trump invaded Venezuela, took control of the oil, largely seen as the only reason he did it, and by doing so shipments of Venezuelan oil to China have dropped. No surprises there, but China is still going to want oil from somewhere and in news that shouldn’t be much of a surprise either, Chinese refiners have responded to all of this by buying more Iranian crude instead. It’s cheaper, it’s already stored, it’s already available. You didn’t think…
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