Friday, 30 January 2026

Vitol and Trafigura Pounce in to Sell Venezuelan Oil Post Maduro Capture

Following the capture of Venezuelan President Nicolas Maduro, trading houses Vitol and Trafigura prepared to export Venezuelan fuel oil under a US-backed $2bn supply deal.

Chevron has taken a more cautious approach, requesting exemption from US-imposed sanctions before expanding exports.

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