WF|Mar 20, 2026 19:48
The U.S. attack on Venezuela hurt China.
The U.S. being at war with Iran also hurts China.
Oil infrastructure in the Gulf is being damaged, bad for Gulf producers, but it shifts advantage toward the U.S. and Venezuelan supply.
Less supply from the Gulf, more importance for U.S. production.
Zoom out, this conflict is about more than just Iran and nuclear weapons.
Energy access and economic power.(WF)
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