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BusinessQuiet 89d · day 89

Vitol secures exclusive fuel deals across Africa, raising dominance concerns

The world's largest commodity trader has locked in supply agreements with at least five countries, reshaping the region's energy dependence.

What to know

  • Vitol, the world's largest commodity trader, has locked in exclusive fuel supply agreements with at least five African countries, becoming the dominant supplier to southern and East Africa.
  • The company capitalized on regional supply disruptions, particularly the Iran crisis, to secure these exclusive deals.
  • The region relies almost entirely on imported fuel, making Vitol's market concentration position unusually powerful and raising questions about pricing and supply security.

Vitol Group World's largest commodity traderJack Farchy Bloomberg investigative reporterJavier Blas Bloomberg energy correspondent

The record 4 articles and posts · last 30 days

  1. Bloomberg Television
    How Vitol Won Exclusive Fuel Deals to Dominate Africa video · YouTube · 88d ago
  2. RT: @jfarchy Vitol has seized on the Iran crisis to dominate East Africa’s fuel supplies -- at a cost, a Bloomberg… post · Mastodon · JavierBlas@mastox.eu · 89d ago
  3. Vitol Won Exclusive Fuel Deals to Dominate Africa – At a Cost post · Hacker News · petethomas · 89d ago · 2▲
  4. Vitol Won Exclusive Fuel Deals to Dominate Africa — at a Cost https://www. bloomberg.com/news/features/20… post · Mastodon · bloomberg@flipboard.com · 89d ago