Trump Hands First Sale of Swiped Oil to His Megadonor’s Company
The Daily Beast • • nation
Key Points:
- The Trump administration’s first sale of Venezuelan oil to a U.S. buyer was awarded to Vitol, a company linked to John Addison, a major Trump campaign donor who contributed around $6 million to Trump-aligned political action committees.
- Addison, a senior Vitol trader, met with President Trump at the White House shortly before the $250 million contract was finalized, and he attended a high-profile meeting with oil executives where Vitol was uniquely represented by two senior officials.
- The White House denied any ethical concerns, stating that Trump’s actions are in the best interest of the American people and dismissed media claims of conflicts of interest as distractions.
- The sale is part of the administration’s broader strategy to control and sell up
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