Development
The US constrains 70% of seaborne crude to buy reshoring time
Claim
The US is cutting China's oil suppliers one by one from Venezuela to Iran, constraining 70% of seaborne crude in an apparent effort to buy time for semiconductor reshoring.
Reported metric: 70% of seaborne crude
Reporting date: (not necessarily the event date)
Sources
Attribution and reporting linked by this record; links do not imply independent verification.
- Welcome to March 2, 2026 (theinnermostloop.substack.com)
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