Exclusive: Vitol trader Addison, architect of US-Venezuela export deal, set to retire, sources say - Reuters
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Vitol trader Addison, architect of the U.S.-Venezuela oil export deal, is retiring after structuring the contested arrangement.
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Addison, a trader at Vitol, is preparing to retire after playing a key role in structuring the US-Venezuela oil export deal. The arrangement has been a significant point of contention in US-Venezuela relations and energy markets, given broader diplomatic tensions between Washington and Caracas. Addison's departure marks a notable transition for one of the architects of a deal that has drawn scrutiny from policymakers on both sides of the political spectrum. Vitol is one of the world's largest independent oil traders, and deals involving Venezuela have carried geopolitical weight given US sanctions policy toward the country. The retirement underscores the high-profile nature of the arrangement and potential shifts in how major energy traders navigate US-Venezuela commerce.
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