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BUSINESSSep 3Washington Venezuela oil deal threatens China and Russia energy gripA proposed oil deal between Washington and Venezuela could challenge China's and Russia's influence in the energy sector. This development suggests a shift in global energy dynamics and geopolitical leverage.azernews.az · Azerbaijan
BUSINESSSep 1China demands rights guarantee as US firm secures 100-year Venezuelan oil dealChina has demanded protection of its interests in Venezuela after a US-backed energy company was granted 100-year concessions covering oilfields previously operated by Chinese and Russian firms. “China-Venezuela cooperation is protected by international law and the laws of both countries. China’s legitimate rights and interests in Venezuela must be guaranteed,” foreign ministry spokesman Guo Jiakun said in Beijing on Tuesday. “Economic and trade cooperation between countries should follow the...South China Morning Post
BUSINESSJun 26In Venezuela, China’s oil-for-loan deals run into debt restructuring, US ‘gatekeeper’ riskThe United States represents the primary obstacle to continuing oil-for-loan arrangements between China and Venezuela, analysts say, creating a significant wild card in what ranks among the largest debt restructurings in history. Following Washington’s abduction in January of Venezuela’s then president, Nicolas Maduro, Caracas is set to reveal a US$240 billion debt pile, according to a Financial Times report on Wednesday. The disclosure, expected in the coming weeks, rivals the €200 billion...South China Morning Post