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China was the destination for about 80% of Venezuela's oil. I suspect that just ended.

Refineries in Texas and Louisiana are configured to process the type of heavy oil Venezuela produces. I suspect much of their exports will now be directed towards the USA.

USA Democracy !!!

Monroe Doctrine ftw!

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Otto Fromm 3d ago

Unless China screws up, Trump promised they would get their oil. No embargo on China having oil.

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