Trump’s first Venezuela oil sale deal goes to megadonor’s company
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A senior trader from Vitol, a major energy trading company, recently met with President Trump at the White House. This meeting coincided with the announcement of Trump's first oil sale deal with Venezuela, which is notable given the company's ties to political donations. The trader has reportedly contributed millions to Trump's re-election campaign, raising questions about the intersection of politics and business in the energy sector.
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Venezuela's oil industry has been heavily impacted by U.S. sanctions, making any deals with American companies particularly controversial. Trump's administration has been known for its tough stance on Venezuela, making this deal a significant pivot in policy. The role of major donors in shaping energy policy is a longstanding issue in U.S. politics.
This article reflects the opinions and analysis of the Financial Times and does not necessarily represent the views of all news outlets.
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