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Oil Glut Bets Are Back in Play as Crude Sinks After US-Iran Deal (opens original article in a new tab)

TL;DR

Oil futures decline following a US-Iran peace deal, with dormant bets on an oil glut reemerging as market speculation shifts toward oversupply concerns.

  • Oil futures slump after US-Iran peace deal
  • Niche option positions betting on oil glut resurface
  • Market speculation shifts toward oversupply concerns

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