Iran & Vitol
11 shared events · Importance 6 · Last updated Jun 04, 2026
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Business
Iran: The Iran war caused disruptions in the Strait of Hormuz, prompting Pakistan to diversify. This negatively impacts Iran's regional influence and oil exports.
Vitol: Vitol is a potential supplier in longer-term contracts with Cnergyico Pk Limited, benefiting from increased US crude trade to Pakistan.
Aug 17, 2026 · 6 articles
International
Iran: Iran has effectively closed the Strait of Hormuz since U.S.-Israeli attacks in late February, directly causing the supply crisis and impacting global oil transit.
Vitol: Vitol Bahrain's head of research, Bader Nooruddin, provided a forecast for Gulf refineries' ramp-up capacity, aligning with the broader industry's outlook on recovery.
Jun 03, 2026 · 6 articles
International
Iran: Iran is the primary aggressor in this event, launching drone and missile attacks on Kuwait and Bahrain, and is involved in ongoing conflict with the United States and Israel. Its actions are causing significant regional instability and impacting global oil prices.
Vitol: Tom Baker, a managing director for Bahrain for global commodities trader Vitol, stated that the global oil market was underpricing some risks from the Iran war. This highlights the company's perspective on market risks.
Jun 03, 2026 · 97 articles
International
Iran: Iran is the target of US strikes and has blockaded the Strait of Hormuz, causing global economic disruption. Its infrastructure and economy are under severe strain.
Vitol: Vitol Group is in partnership talks with Indian Oil to set up a trading desk, part of India's diversification strategy.
Apr 20, 2026 · 709 articles
Domestic
Iran: The Iran war is cited as a factor exposing Pakistan's energy supply vulnerabilities, prompting the country to develop strategic reserves.
Vitol: Vitol, an oil trading firm, was shared the proposed framework, suggesting it could participate in the bonded storage plan.
May 26, 2026 · 6 articles
International
Iran: Iran>>> is directly involved in military exchanges with the United States>>> and its allies, facing severe economic sanctions and threats to its oil industry, while maintaining its stance on the Strait of Hormuz and nuclear program.
Vitol: Vitol Group was represented in a meeting with Donald Trump to discuss ways to maintain the blockade while minimizing impact on American consumers.
Apr 20, 2026 · 607 articles
International
Iran: Iran>>> is a primary party in the conflict, facing US sanctions and military strikes, while asserting control over the Strait of Hormuz>>> and continuing its nuclear program.
Vitol: Vitol Group was represented in a meeting with Donald Trump to discuss ways to maintain the blockade while minimizing impact on American consumers.
May 07, 2026 · 362 articles
Domestic
Vitol: Vitol is a trading company confirmed to own the diesel shipment that was falsely attributed to Petronas or the Malaysian Government, clarifying the true ownership in the event.
Apr 15, 2026 · 6 articles
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