Money and business

“A model of bullying.” Chinese dissatisfaction with the oil deal between Trump and Venezuela


Global oil prices fell on Wednesday, while China denounced the United States, accusing it of… "Bullying"after President Donald Trump announced that he had convinced the interim authority in Venezuela to divert supplies away from Beijing.

Chinese Foreign Ministry spokeswoman Mao Ning said at a press conference: "The United States’ blatant use of force against Venezuela and its claim to"America first" When Venezuela begins to take advantage of its own oil resources, it is typical acts of thuggery"

Ning added: "These actions seriously violate international law, grossly infringe on Venezuela’s sovereignty, and severely harm the rights of the Venezuelan people."

Trump announced on Tuesday evening that the United States would receive up to two billion dollars worth of Sanctioned Venezuelan oil.

This deal is in line with Trump’s stated goal of controlling The huge oil reserves of Venezuela, a member of the OPEC, after the overthrow of its leader Nicolas Maduro, whom Washington has long described as a drug-dealing dictator who colludes with America’s adversaries.

Brent crude futures fell 11 cents to $60.59 a barrel by 11:04 GMT, while US West Texas Intermediate crude fell 27 cents to $56.86 a barrel.

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