Traders Place Large $950 Million Bet On Oil Price Falling Hours Ahead Of Ceasefire
- Posted on April 8, 2026
- By HuffPost
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Traders Place Large $950 Million Bet On Oil Price Falling Hours Ahead Of Ceasefire
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.