Traders Bet Big Ahead of Trump's Surprise Iran Decision

The oil markets have been closely watching the escalating tensions between the United States and Iran, and it appears that some traders may have had insider knowledge of President Trump's decision to call off planned airstrikes against Iranian targets. Market data shows a significant increase in the volume of oil trades in the days leading up to Trump's announcement that he would hold off on attacks in response to Iran's downing of a U.S. surveillance drone.

According to analysts, the spike in trading activity suggests that some players in the oil market were positioning themselves to take advantage of the expected price swings that would follow the U.S. military action. Traders were likely betting on a surge in oil prices if the airstrikes had gone ahead, as the threat of supply disruptions from the conflict would have sent crude prices soaring.

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