How Long Can China Survive After Losing Venezuela and Iraq\’s Discounted Oil Supplies?

In an increasingly volatile global energy landscape, China—the world\’s largest oil importer—relies heavily on discounted crude from sanctioned or geopolitically unstable suppliers to fuel its economy. Venezuela and Iraq together provide a significant portion of these imports, often at below-market prices due to sanctions on Venezuelan oil and competitive pricing from Iraqi heavy crudes. But […]

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FT Uncovers $90 Billion Russian Oil Smuggling Operation: The Dark Fleet\’s Shadow Over Global Energy

In a stunning revelation that underscores the resilience of Russia\’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the \”Dark Fleet,\” this shadowy armada of aging tankers and opaque trading entities has been operating for years, […]

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A Venezuelan-Like Oil Blockade Against Iran Could Enable The US To Divide-And-Rule RIC

ENB Pub Note: This is another interesting article from Andrew Korybko\’s Substack newsletter. The cascading consequences of such a blockade, which might not ultimately be imposed due it entailing a high risk of war with Iran, could simultaneously weaken Russia, India, and China. The Wall Street Journal reported that Trump 2.0 is considering imposing a Venezuelan-like oil […]

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