CHINA: Energy security, global credibility hit by defeat in Venezuela

(EnergyAsia, February 28, 2026, Saturday) — China suffered a double blow to its energy security and global credibility when the U.S. captured Venezuelan leader Nicolas Maduro on January 3. In ending his nearly 13-year tight grip on Caracas, the U.S. has regained some of its previous influence over the energy-rich Latin American country while dealing a major blow to China’s expansion plans in the region.

ASIA: Region Lacks Oil Stockpiles Except For China

 

(EnergyAsia, June 29, 2025, Sunday) — The nightmare scenario has arrived along with its dreaded questions. How badly would the global economy and its energy markets be impacted if the Straits of Hormuz which handles 20 percent of the world’s oil and gas trade is blockaded?