{"id":67776,"date":"2026-05-19T00:51:28","date_gmt":"2026-05-19T00:51:28","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/67776\/"},"modified":"2026-05-19T00:51:28","modified_gmt":"2026-05-19T00:51:28","slug":"vitol-and-trafigura-traders-at-the-heart-of-trumps-venezuela-oil-grab","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/67776\/","title":{"rendered":"Vitol and Trafigura: Traders at the Heart of Trump\u2019s Venezuela Oil Grab"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">President Donald Trump has portrayed his takeover of Venezuela\u2019s oil sales as a victory for America, but when his administration wanted to sell several billion dollars\u2019 worth of the fuel quickly, the experts it turned to were a couple of foreign trading houses. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/62647Z:LN\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Vitol Group<\/a> and <a href=\"https:\/\/www.bloomberg.com\/quote\/1188058D:SP\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Trafigura Group<\/a>\u2019s special licenses to ship still-sanctioned Venezuelan barrels have given them a head start in a potentially lucrative trade, while Caracas is under pressure to get the oil flowing again after Trump\u2019s blockade forced the industry to cut production levels as storage filled up. <\/p>\n","protected":false},"excerpt":{"rendered":"President Donald Trump has portrayed his takeover of Venezuela\u2019s oil sales as a victory for America, but when&hellip;\n","protected":false},"author":2,"featured_media":67777,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[125],"tags":[7437,2566,984,11302,231,36698,136,194,11304,158,11301,2567],"class_list":["post-67776","post","type-post","status-publish","format-standard","has-post-thumbnail","category-vitol","tag-chief-executive-officer","tag-donald-john-trump","tag-executives","tag-generic-1st-cl-future","tag-markets","tag-repsol-sa","tag-russia","tag-venezuela","tag-venezuela-oil","tag-vitol","tag-vitol-group-the","tag-white-house"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116598504329955730","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/67776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=67776"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/67776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/67777"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=67776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=67776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=67776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}