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China Condemns US Sanctions on Venezuelan Oil Tankers, Citing Market Disruption and Legal Trade Rights

The event highlights diplomatic tensions over economic sanctions. It underscores the conflict...
Key Metrics

13.07

Heat Index
  • Impact Level
    Medium
  • Scope Level
    Global
  • Last Update
    2025-12-25
Key Impacts
Positive Impacts (6)
Heavy Sour Crude Grades (e.g., Maya, Western Canadian Select)
Brent Crude Oil
Canadian Heavy Oil Producers (e.g., Suncor, Cenovus)
Chinese National Oil Companies (CNPC, Sinopec, CNOOC)
Baltic Dirty Tanker Index
Venezuelan Sovereign Bonds
Negative Impacts (4)
WTI Crude Oil
Chevron Corporation
U.S. Gulf Coast Refiners
Maritime Insurance Providers (e.g., P&I Clubs)
Total impacts: 10 | Positive: 6 | Negative: 4
Event Overview

The event highlights diplomatic tensions over economic sanctions. It underscores the conflict between unilateral actions and international law, with implications for global energy markets and the sovereignty of nations in their trade relations.

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China Opposes US Sanctions on Venezuelan Oil Tankers
2025-12-25 15:09

During a regular press conference, He Yongqian, the spokesperson for China's Ministry of Commerce, expressed strong opposition to the U.S. unilateral sanctions and 'long-arm jurisdiction' on Venezuelan oil tankers. He stated that such actions could disrupt the international energy market and pose security risks. He also emphasized that Venezuela's economic and trade cooperation with other countries within the framework of international law is reasonable and legal, and should be respected and supported.

Total records: 1
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