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Venezuelan Oil Tycoon Vilmer Ruperti Arrested

Published March 20, 2026, 20:13
Venezuelan Oil Tycoon Vilmer Ruperti Arrested

Venezuelan oil tycoon Vilmer Ruperti was arrested yesterday by Venezuelan authorities, with no official explanation yet given for the reasons behind the arrest. The legal firm representing him, Winston & Strawn, expressed concern for his health as he remains in custody. Ruperti is known for his close ties to Venezuela's socialist governments, particularly Hugo Chavez, having helped transport oil during the 2002-3 strike at the state oil company PDVSA. His company, Maroil Trading, became a major exporter of petroleum coke from Venezuela through an agreement with PDVSA, but this cooperation was strained due to disagreements over payments and terms. In 2023, PDVSA suspended deliveries to Maroil. So far, Venezuela's Ministry of Information has not commented on the case. Ruperti's arrest raises questions about the political and economic developments in Venezuela, given his significant position in the oil sector. The lack of official information from the authorities increases concern about Ruperti's situation and the potential consequences of his arrest for the country's oil industry.