US-Venezuela oil standoff 2026 hits China hardest: As Venezuela’s top buyer (over 600,000 bpd pre-blockade), Beijing faces spiking costs and supply shortages, forcing competition for Middle East and African crude. Tanker seizures like Skipper and Centuries paralyze shadow fleet operations, driving up insurance premiums and rerouting risks for Asian importers. India and Southeast Asia suffer … Continue reading US-Venezuela Oil Standoff 2026: Trump Blockade and Tanker Seizures Send Shockwaves Through Asia’s Energy Markets