China is furious, claims U.S. is stealing oil.

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China is livid, and they’re not hiding it. After Trump announced the U.S. will refine and sell up to 50 million barrels of Venezuelan oil previously frozen under sanctions, Beijing fired back, calling the move a blatant power grab and a direct hit on their interests. Why? Because that oil wasn’t just sitting there, China had already paid for a big chunk of it, through loan-for-oil deals and state-backed agreements with Maduro’s regime. Trump’s plan? Ignore all that, break the blockade, grab the barrels, and reroute them to U.S. refineries. The pitch: American energy security, because the U.S. is in charge now. This is also about who gets to call the shots in Venezuela post-Maduro, and right now, Beijing just got boxed out while Washington takes over the chessboard. It’s a high-stakes geopolitical standoff over energy, influence, and who controls Latin America’s future. China just lost billions in oil access, but the U.S. just cashed in. Source: Reuters

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