Traders place $950M bet on oil drop before Iran ceasefire

Posted on April 9, 2026

LONDON >> 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 ahead of a major policy announcement by President Donald Trump.

See the original article at: Honolulu Star-Advertiser

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