特朗普对华推销委内瑞拉石油，中国就是不买选择在商言商

Core Viewpoint - The U.S. government has gained control over Venezuelan oil sales, leading China's major state-owned oil trading companies to halt new purchases due to reduced profitability and increased legal risks associated with U.S. sanctions [1][3][10]. Group 1: Market Dynamics - The discount on Venezuelan crude oil has sharply decreased from $15 per barrel in December last year to about $5, making it less attractive for Chinese buyers [1][7]. - The previous model of oil-for-loans between China and Venezuela has been undermined by U.S. intervention, which has increased the political and financial risks associated with these transactions [3][12]. Group 2: Implications for U.S. Companies - The decision by China to stop purchasing Venezuelan oil represents a significant setback for U.S. companies that were expected to take over Venezuelan oil sales [5][12]. - U.S. attempts to control Venezuelan resources through military and hegemonic means have disrupted global supply chain predictability and stability, leading to market backlash [5][12]. Group 3: China's Strategic Shift - China's cessation of Venezuelan oil imports is a rational business decision, as the previous high-risk, high-reward nature of these transactions has shifted to a low-reward scenario with increased political risks [7][12]. - In response to the halt in Venezuelan oil purchases, China is increasing imports from Russia and Iran, where oil is offered at more attractive discounts, indicating a strategic pivot to more reliable sources [12]. Group 4: Broader Economic Context - The U.S. sanctions have not only destabilized the trading environment but have also rendered the economic feasibility of such policies questionable, leading to a situation where the U.S. may face significant losses [12]. - The situation highlights a structural conflict between arbitrary political power and the need for stability in the global production system, challenging the notion that hegemony can maintain global trade stability [12].