Vitol Trader's Trump Donations Coincide with First US Venezuelan Oil Sale
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Firstpost•16-01-2026, 14:40
Vitol Trader's Trump Donations Coincide with First US Venezuelan Oil Sale
- •The first US sale of Venezuelan crude oil went to Vitol, a company whose senior trader, John Addison, donated significantly to Donald Trump's re-election campaign.
- •Addison donated $6 million to political action committees supporting Trump, including $5 million to Maga Inc. in October 2024.
- •He attended a White House meeting with Trump and oil executives, where he pledged Vitol would secure the best price for Venezuelan oil for the US.
- •Vitol stated that Addison's donations were made in a private capacity, while a White House spokesperson defended the deal as being in America's best interest.
- •The deal initiated Trump's plan to sell up to 50 million barrels of Venezuelan oil, following the capture of Venezuelan President Nicolas Maduro.
Why It Matters: A Vitol trader's substantial donations to Trump's campaign align with the company's first US Venezuelan oil deal.
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