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Why Crude Oil Options Are Soaring
Crude Oil Options Skyrocket as Markets Still Unable to Read the Middle East - Open interest held in ICE Brent options surpassed the threshold of 4 million contracts for the first time on record, the equivalent of 4 billion barrels, as investors seek to hedge their geopolitical exposure. - The widespread expectation that Israel would seek to retaliate vis--vis Iran around the time of the US presi...
https://oilprice.com/Energy/Energy-General/Why-Cru...
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