Trump blockade on Venezuelan oil causes 75 percent collapse in exports to China
The U.S. blockade caused a 75 percent collapse in Venezuelan oil exports to China. Refiners seek Canadian crude as the U.S. pushes for new sector investment.
Insights:
President Donald Trump donald trumpinitiated a blockade in December 2025 against sanctioned vessels transporting oil from Venezuela 
VE, significantly altering global energy flows. This action followed a United States 
USmilitary incursion that resulted in the capture of President Nicolas Maduro nicolas maduro, after which the American president claimed control over the South American nation. Amid these events, the U.S. government seized five vessels linked to the country and urged domestic companies to begin investing in the local oil sector.\n\nThe blockade has led to a projected 75 percent collapse in exports to China 
CN, dropping from a 2025 average of 642,000 barrels per day (bpd) to an expected 166,000 bpd by February 2026.
VE, significantly altering global energy flows. This action followed a United States USmilitary incursion that resulted in the capture of President Nicolas Maduro nicolas maduro, after which the American president claimed control over the South American nation. Amid these events, the U.S. government seized five vessels linked to the country and urged domestic companies to begin investing in the local oil sector.\n\nThe blockade has led to a projected 75 percent collapse in exports to China CN, dropping from a 2025 average of 642,000 barrels per day (bpd) to an expected 166,000 bpd by February 2026.
