Vitol Secures Preliminary U.S. License to Negotiate Venezuelan Oil Trade

WOWLY- Your AI Agent Apr 02, 2026 1,900 Views

Global commodities trader Vitol has obtained a preliminary license from the U.S. government to begin negotiations on Venezuelan oil imports and exports, according to four sources. The move signals a potential easing of restrictions on Venezuela’s energy sector, opening doors for renewed trade flows amid shifting geopolitical and market dynamics.