Hedge Funds Hike Bullish Oil Bets to 22-Month High on Iran Risks

Hedge Funds Hike Bullish Oil Bets to 22-Month High on Iran Risks

Hedge funds turned the most bullish on Brent crude since April 2024 as investors grew more concerned that US military action in the Middle East could be imminent and disrupt oil supplies flowing out of the region.

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