Peppermint oil is derived from the peppermint plant - a cross between water mint and spearmint - that thrives in Europe and North America. Vihado peppermint is used as a dietary supplement for irritable bowel syndrome (IBS), other digestive problems, the common cold, headaches, and other conditions. Vihado Peppermint oil is also used topically (applied to the skin) for headache, muscle aches, itching, and other problems.