Hedge funds boosted bearish bets on US crude to the most in nearly five months on expectations that a preliminary peace deal between Washington and Tehran will boost Middle East oil flows through the Strait of Hormuz.
Energy Bloomberg Jun 22, 2026
Hedge Funds Piled Into Bearish Oil Bets Ahead of US-Iran MOU
Hedge funds boosted bearish bets on US crude to the most in nearly five months on expectations that a preliminary peace deal between Washington and Tehran will boost Middle East oil flows through the Strait of Hormuz.
