• Maeve@kbin.earth
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    11 hours ago

    The first US sale of Venezuelan oil since the Trump administration illegally attacked the South American country earlier this month went to the company of a trader who donated millions to President Donald Trump’s 2024 campaign. The roughly $250 million sale of Venezuelan crude went to Vitol, a Geneva-based energy and commodity trading firm whose US arm is headquartered in Houston. The Financial Times reported late last week that John Addison, a senior trader at Vitol, was involved in his company’s efforts to secure the deal. Addison, who attended a recent White House meeting with other top oil executives, donated $6 million total to Trump’s 2024 presidential campaign via several super PACs, including $5 million to MAGA Inc.