Massive $7bn oil bets before Trump's Iran announcements raise questions
Massive $7bn oil bets before Trump's Iran announcements raise questions Trading data reviewed by Reuters showed that investors placed roughly $7 billion in bets on falling oil prices during March and April, shortly before major announcements by US President Donald Trump concerning Iran policy and the war in the Middle East. The positions, involving crude oil, diesel and gasoline futures on the Intercontinental Exchange and Chicago Mercantile Exchange, w...
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