Before Iranian Foreign Minister's post on opening the strait, oil market sees another large short position of $760 million
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```htmlGolden Ten Data reported on April 18 that, according to Reuters, around 20 minutes before Iran’s foreign minister announced the reopening of the Strait of Hormuz (local time, Friday), investors bet approximately $760 million on short positions in oil prices. This was another large-scale wager on the world’s most actively traded commodity ahead of a major announcement during the Middle East war. According to LSEG data, between 20:24 and 20:25 (UTC+8) on Friday evening in the Eastern Eighth District, investors sold a total of 7,990 lots of Brent crude oil futures. Based on the prices at the time, these trades were valued at roughly $760 million. Shortly after, at around 20:45 (UTC+8), Iran’s foreign minister posted that the Strait of Hormuz would be completely open to all merchant vessels during the remaining ceasefire period. Within minutes, the intraday oil price decline expanded to as much as 11%. In recent months, several precisely timed large trades have triggered concerns among U.S. lawmakers and legal experts, suggesting that decisions related to war and diplomacy may give certain traders an advantage in highly volatile and opaque derivatives markets. Previous reports indicated that the U.S. Commodity Futures Trading Commission was investigating a series of crude oil futures trades, including transactions on March 23 and April 7, all occurring shortly before Trump made significant policy changes regarding the Iran war.```
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WTI May crude oil futures closed down $10.84, or 11.45%, at $83.85 per barrel.
华尔街见闻•2026/04/17 18:33
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