Donald Trump’s intervention in Venezuela has sent shivers down the spine of oil buyers in China, not only because of their reliance on Venezuelan crude but because it highlighted Washington’s ability to interfere with larger suppliers, such as Iran.
China is one of the world’s biggest importers of crude oil, and about 20 per cent of its purchases comes from suppliers subject to sanctions by the US and west.
If the US were to follow its attack on Venezuela with action against Iran, it would further cut into China’s supply of cheap oil under sanctions, potentially hitting its economy and giving Washington a point of leverage over Beijing.
您已阅读11%（642字），剩余89%（5333字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。