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Traders Place Large $950 Million Bet On Oil Price Falling Hours Ahead Of Ceasefire
Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire, the latest large wager on the direction of the world's most traded commodity.
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huffpost.com
Oil Prices Sink And U.S. Stock Futures Jump As U.S. And Iran Agree To 2-Week Ceasefire
Earlier, U.S. stocks swung sharply during regular trading as uncertainty about the war with Iran increased after Trump had threatened that a “whole civilization will die tonight."
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aljazeera.com
Oil prices slide, stocks surge as Trump announces two-week Iran ceasefire
Investors welcome the possible resumption of oil and gas flows through the Strait of Hormuz.
