Taco Tuesday: Traders Bet $430M on Falling Oil Prices Minutes Before Trump Announced Iran Ceasefire Extension

Key Takeaways:At 1 p.m.

Taco Tuesday: Traders Bet 0M on Falling Oil Prices Minutes Before Trump Announced Iran Ceasefire Extension

Taco Tuesday: Traders Bet $430M on Falling Oil Prices Minutes Before Trump Announced Iran Ceasefire Extension

Key Takeaways:

At 1 p.m. ET on April 22, Brent crude was back above $102 per barrel.

Bitcoin Tops $79,000 as Trump Extends US-Iran Ceasefire, S&P 500 Climbs

Bitcoin.com News

Bitcoin.com News

Bitcoin Tops $79,000 as Trump Extends US-Iran Ceasefire, S&P 500 Climbs

Read Now

Bitcoin climbed to an 11-week high above $79,000 on Wednesday, after President Donald Trump extended the U.S.-Iran ceasefire indefinitely, easing…

The Strait of Hormuz carries roughly 20% of the global oil and liquefied natural gas supply. Any disruption to traffic there has an immediate effect on global energy prices, giving each diplomatic development an outsized market impact.

Regulators have not confirmed illegal activity in connection with any of the trades reviewed by Reuters and other journalists so far. The pattern, the timing, and the size of the positions have drawn continued scrutiny from investigators and market observers alike.

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.