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Vitol Made About $2 Billion in First Quarter Despite War Losses

Vitol Group has told banks it made a first-quarter profit of roughly $2 billion, as the world’s top energy trader moves to reassure lenders over losses in some parts of its business due to the Iran war.

Vitol Group has told banks it made a first-quarter profit of roughly $2 billion, as the world’s top energy trader moves to reassure lenders over losses in some parts of its business due to the Iran war.
The profit figure, communicated informally duri… [286 chars]

Source: Bloomberg | Published: 2026-04-19T15:57:25Z

Credit: Bloomberg

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