Top Traders Begin Venezuela Oil Sales with U.S. Blessing
Market Intelligence Analysis
AI-PoweredTop international trading houses, Vitol Group and Trafigura, are resuming Venezuelan oil sales with U.S. backing, potentially leading to lucrative opportunities.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
The world’s biggest international trading houses, which couldn’t trade Venezuelan oil for years due to the sanctions of the first Trump Administration, are back in the business, with the backing and blessing of the U.S. Following the capture of Nicolas Maduro and the U.S. takeover of Venezuelan oil sales, Vitol Group and Trafigura were authorized by the Trump Administration to help market the oil from the world’s biggest crude resource holder. The trade could be potentially very lucrative for the trading houses, which would reap…
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