The recent US military aggression against Venezuela and Iran were believed by “experts” to shut off China’s supplies of discounted crude, and that shortages would result in China, with lower prices in North America. This “oil war” was clearly calculated by the Washington regime not just to weaken China’s economic growth, but also its domestic stability.
China is the world’s largest importer of crude oil, with energy supply chains that run through countries under heavy sanctions by Western governments.
Not for the first time the opposite of what the US “experts” expected has happened. China’s economy continues to operate with high levels of crude surplus, while Western markets are seeing severe shortages and sharp price increases.
Over the past decade, China has invested hundreds of billions of dollars into new energy projects across the world, via the Belt and Road Initiative. Those projects, and the associated logistics and transport systems, are now mature, and today supply China with large volumes of energy, minerals, metals, and food.
The BRI investments have also forged a powerful economic and diplomatic bloc of countries who are immune from Western sanctions and even military threats, while their intra-bloc trade grows at double-digit rates every year.
Above all else, this long term strategy by China, when combined with its massive expansion of domestic renewable energy capacity, has ensured it is now far less susceptible to the US strategy to sabotage its energy security.
Video source: Inside China Business, May 11, 2026. https://youtu.be/koldCyxIIN8
