Vitol and Trafigura: Traders at the Heart of Trump’s Venezuela Oil Grab
Market Intelligence Analysis
AI-PoweredThe US administration has partnered with Vitol and Trafigura, two foreign trading houses, to sell billions of dollars' worth of Venezuelan oil, highlighting the role of these companies in the US's oil grab in Venezuela.
Market impact analysis based on bearish sentiment with 70% confidence.
Article Context
President Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his administration wanted to sell several billion dollars’ worth of the fuel quickly, the experts it turned to were a couple of foreign trading houses.
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