Iran war disruption creates ‘huge’ oil trading opportunities, Vitol says

The National ·
United Arab Emirates

The Iran war is creating “huge” arbitrage opportunities across global energy markets as disrupted trade flows stretch tanker fleets to capacity and send oil on longer journeys, according to Vitol Group, the world’s largest independent oil trader. “There’s huge arbitrage opportunities going on,” Tom Baker, managing director for Vitol in Bahrain, said at an industry forum in Fujairah on Wednesday.…

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