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Letter from Rep. Robert Garcia to Vitol and Trafigura
Published by House Oversight Committee Democrats on January 29, 2026.
Garcia's letter to the two firms' chief executives
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<!-- page 1 --> January 29, 2026 Mr. Russell Hardy Chief Executive Officer Vitol 2925 Richmond Avenue, 11th Floor Houston, TX 77098 Mr. Richard Holtum Chief Executive Officer Trafigura 845 Texas Avenue, Suite 3600 Houston, TX 77002 Dear Mr. Hardy and Mr. Holtum: Since President Trump took unilateral action to deploy the U.S. military to capture Venezuela’s president, Nicolás Maduro, the Administration has made clear that it intends to control Venezuela’s oil industry and its revenue for the foreseeable future. 1 In the immediate aftermath of the military operation, the White House gathered oil drilling and trading companies—like Vitol and Trafigura—to present them with lucrative opportunities to exploit the …
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- A Vance backer got the call to market Venezuela's oil, with no tender · cited for The questions Congress put to the firms
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