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Hedge Funds Piled Into Bearish Oil Bets Ahead of US-Iran MOU

Bloomberg

BusinessBloomberg·Jun 22, 2026·1 min read

Hedge Funds Piled Into Bearish Oil Bets Ahead of US-Iran MOU

Hedge funds boosted bearish bets on US crude to the most in nearly five months on expectations that a preliminary peace deal between Washington and Tehran will boost Middle East oil flows through the Strait of Hormuz.

View original source — Bloomberg ↗

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