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04 Feb 2026
Venezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture
Summary
Venezuela assured China that U.S. influence would not dictate its oil pricing, emphasizing its right to independent decisions based on international market prices. Despite the U.S. capture of Venezuelan President Maduro and potential influence over its oil sector, Venezuela emphasized the security of Chinese investments and the strength of their partnership. The U.S. aims to stabilize Venezuela and revive its energy industry, while China remains a key player in the region.