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Bloomberg

China Won’t Have Claims to Venezuelan Oil Revenue, Wright Says

Wednesday, September 2, 2026


US Energy Secretary Chris Wright said that China will not have debt claims to revenue from new Venezuelan oil production. Wright made the statement as private companies prepared to sign deals expected to increase Venezuela's crude output. Wright did not specify which companies or provide details on the timeline for the production expansion.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-02/china-won-t-have-claims-to-venezuelan-oil-revenue-wright-says

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