Wrong-Way Bets on Oil Had a Star Trader Hundreds of Millions in the Hole
Vitol, one of the world’s largest commodity-trading firms, has been among the companies hardest hit by the war in Iran.
Oil markets react to Iran talks
- Task for the week: limit the fallout from biggest oil shock in decades | Richard Partington The Guardian —
- Failure of US-Iran talks set to weigh on risk assets Monday Boston Globe —
- Failure of US-Iran Talks Set to Weigh on Risk Assets Monday Bloomberg —
- Strait crisis: Global traders race to secure oil barrels amid Hormuz supply crunch Times Of India —
- Two Supertankers U-Turn in Hormuz as US-Iran Talks Break Down Bloomberg —