{"id":91398,"date":"2026-03-02T04:15:10","date_gmt":"2026-03-02T07:15:10","guid":{"rendered":"https:\/\/ubirataonline.com.br\/live-updates-war-with-iran-fighter-jet-crash-over-kuwait-israel-hezbollah-attacks\/"},"modified":"2026-03-02T04:15:12","modified_gmt":"2026-03-02T07:15:12","slug":"live-updates-war-with-iran-fighter-jet-crash-over-kuwait-israel-hezbollah-attacks","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/live-updates-war-with-iran-fighter-jet-crash-over-kuwait-israel-hezbollah-attacks\/","title":{"rendered":"Live updates: War with Iran, fighter jet crash over Kuwait, Israel-Hezbollah attacks"},"content":{"rendered":"


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\n In less than two months, United States President Donald Trump has taken out two of Beijing\u2019s closest allies \u2014 threatening <\/strong>China\u2019s oil supply in the process.\n <\/p>\n

\n Venezuelan President Nicol\u00e1s Maduro was seized by the US in January. Now Iranian Supreme Leader Ali Khamenei is dead. Beyond robbing China of its strategic partners in South America and the Middle East, the two military actions have struck at something far more vital to Beijing: Oil.\n <\/p>\n

\n Both nations supply most of their crude to China \u2014 more than half of Venezuela\u2019s crude exports and nearly all of Iran\u2019s shipped crude likely ended up in China last year, according to data analytics firm Kpler.\n <\/p>\n

\n Together, their supplies accounted for about 15% of China\u2019s oil imports, CNN\u2019s calculations based on data from Columbia University\u2019s Center on Global Energy Policy<\/a> showed.\n <\/p>\n

\n Rob Thummel, Portfolio Manager at Tortoise Capital counts China as a potential major loser in the Iran conflict because it produces far less oil than it consumes.\n <\/p>\n