US Official Rules Out Chinese Claims to Venezuelan Oil Revenue

A senior U.S. administration official has stated that China will not receive financial claims from Venezuela’s oil sector, addressing concerns over Beijing’s involvement in Caracas’s energy assets. The remarks also touched on broader U.S. strategies regarding strategic petroleum reserves and Middle East shipping lanes.

2 Sept, 14:02 — 2 Sept, 14:02

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bloombergHigh9h ago

China Won’t Have Claims to Venezuelan Oil Revenue, Wright Says

With private companies on the cusp of signing a series of deals that will put Venezuela on pace to rapidly expand its crude output, US Energy Secretary Chris Wright said that China won’t have any debt claims to the revenue from new production.

By Tyler Kendall, Ari Natter and David Wethe

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US Official Rules Out Chinese Claims to Venezuelan Oil Revenue

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China Won’t Have Claims to Venezuelan Oil Revenue, Wright Says

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