Vitol, SK Settle California Fuel Rigging Probe for $50M

California Attorney General Rob Bonta announced a $50 million settlement with commodity traders Vitol and SK Energy Americas for allegedly manipulating local gasoline markets. This case highlights the ongoing issue of market manipulation in the U.S. by commodity traders. It's crucial for authorities to monitor and enforce regulations to maintain fair and transparent markets in the transportation sector. Such actions help protect consumers and ensure the integrity of the industry.