Washington Probes Who’s Cashing In on Venezuela’s Oil Reset

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Why This Matters

The US government is investigating potential profiteering from Venezuela's oil sales, targeting companies Vitol and Trafigura, following the capture of Nicolás Maduro and US control over Venezuelan oil sales.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Washington is starting to ask the quiet part out loud: who, exactly, is making money off Venezuela’s oil? This week, U.S. Representative Robert Garcia, the top Democrat on a House investigative committee, sent letters to Vitol and Trafigura demanding records of any communications they’ve had with the Trump administration since January of last year. The timing is not subtle. U.S. forces captured Venezuela’s longtime strongman Nicolás Maduro earlier this month, and Washington has since taken control of Venezuelan oil sales…

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Original article published by OilPrice.com on January 29, 2026.
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