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In It to Win It

(12,397 posts)
Fri Jan 16, 2026, 01:42 PM Yesterday

Donald Trump's first Venezuela oil sale deal goes to megadonor's company [View all]

FT

Archived
https://archive.ph/myasf

The first US sale of Venezuelan crude was to a company whose senior oil trader donated to Donald Trump’s re-election campaign and attended a White House meeting with the president last week.

John Addison, a senior trader at Vitol who donated about $6mn to political action committees backing Trump’s re-election campaign, was involved in his company’s efforts to secure a $250mn deal for Venezuelan crude.

The deal kick-started the US president’s controversial plan to sell up to 50mn barrels of Venezuelan oil.

Addison’s donations to Trump’s re-election campaign included $5mn in October 2024 to Maga Inc, according to a database of donors from OpenSecrets, and more than $1mn to two other Trump-aligned Pacs.

Addison joined Ben Marshall, head of Vitol’s US arm, to address Trump during a high-profile meeting with industry chiefs at the White House last Friday. Vitol was the only company with two top officials at the talks.


The first US sale of Venezuelan crude was to a company whose senior oil trader donated to Donald Trump’s re-election campaign and attended a White House meeting with the president last week.
www.ft.com/content/da74...

Catherine Rampell (@crampell.bsky.social) 2026-01-16T14:10:19.642Z
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