US gains leverage over Canadian oil, weakens China amid US plans to overhaul Venezuelan oil market
Fox News
Canada fears losing their share of the oil market after Trump’s Venezuela move and China's oil access in the hemisphere is now under greater US control.
Meanwhile, experts have added that the U.S. involvement in Venezuela's oil market will also serve to weaken China.
"This is going to be bad for all petrostates, and Canada is basically a petrostate," Energy and Environment Legal Institute's Steve Milloy, a former fossil fuel industry lobbyist, told Fox News Digital.
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Canada fears losing their share of the oil market after Trump’s Venezuela move and China's oil access in the hemisphere is now under greater US control.
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Maduro's arrest and criminal charges echo a case the U.S. brought some 30 years ago against another Latin American leader, Manuel Noriega.