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International Business Times
International Business Times
Business

First Venezuelan Oil Sale Under Trump Plan Went to Major Campaign Donor's Firm

Donald Trump Vitol Oil Venezuela Energy Nicolás Maduro Trafigura the Financial Times White House
President Donald Trump

The first U.S.-brokered sale of Venezuelan crude under President Donald Trump's new energy plan went to Vitol, a global oil trading firm whose senior U.S.-based trader has been a major donor to Trump's re-election campaign, people familiar with the transaction and public records told the Financial Times.

John Addison, a senior trader at Vitol, was involved in securing a roughly $250 million deal for Venezuelan oil. Addison donated about $6 million to political action committees backing Trump's 2024 re-election effort, including $5 million to Maga Inc in October, according to OpenSecrets.

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