No. of Recommendations: 3
Consider: China has put more than $100B into Venezuela over the past 15-20 years,
What happens when a legitimately Chinese flagged tanker tries to cross the blockade? iirc, the second one Shinyland seized was a legit, non-sanctioned tanker. The US grabbed it, claiming it carried contraband oil. If the US backs off, then Venezuela is pushed closer to the Chinese. If the US entertains fantasies of reenacting the blockade of Cuba during the missile crises, when Russian ships turned around, things could get very hot around Taiwan and the Philippines.
Steve
