August 3, 2024

Analysis: Venezuelan oil, masked as Malaysian, rushes into China before fuel tax

Retrieved

China has over the past 12 months bought an estimated $3.5 billion worth of Venezuelan oil relabelled as Malaysian fuel, according to cargo tracking and industry sources, throwing Caracas a vital lifeline while it grapples with a collapsing economy amid tough U.S. sanctions. By Chen AizhuMei Mei ChuMarianna Parraga. Full Text -> Reuters

Translation/ Traducción