regime to buy Iraqi oil, and helped the Iranian regime bypass sanctions. Multiple Vitol oil traders have been convicted on bribery and corruption charges.

Activities

In 2021, Vitol's revenues doubled to around $279 billion, after oil demand spiked after the end of pandemic lockdowns. In 2021, its website stated it traded 7.6 million barrels of crude and other oil products. In 2022, Vitol Group said it would stop trading Russian crude and oil products by the end of that year.

In 2024, it owned and operated five power plants

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