Massive $7bn oil bets before Trump's Iran announcements raise questions
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Source: Middle East Eye
Published: 2026-05-09 13:59 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Education, Middle East, Military & Defence, Iran, Energy, US Politics, War & Conflict
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Snippet:
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.
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