The Age · Business / Markets

Oil-price bets ahead of Iran war news totalled $7 billion, reporting shows

· By Amanda Cooper, Dmitry Zhdannikov
Story summary

A series of well-timed market bets on falling oil prices totalling as much as $US7 billion ($9.6 billion) during March and April spread across multiple exchanges and types of fuel and derivatives just before major Iranian policy announcements by US President Donald Trump, according to traders, market experts and Reu…

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