The Tanker Tycoons and Oil Brokers Cashing In on the Venezuela Trade
WSJ·2026-01-17 10:30
Core Insights - Oil traders Vitol and Trafigura, along with Greek tanker owners, are re-entering the Venezuelan market following the ousting of Nicolás Maduro [1] Group 1: Market Dynamics - The exit of Nicolás Maduro has created a more favorable environment for oil traders, prompting companies like Vitol and Trafigura to resume operations in Venezuela [1] - The involvement of Greek tanker owners indicates a renewed interest in transporting Venezuelan oil, which may lead to increased shipping activity in the region [1]