Oil contracts worth $760 million were placed minutes before the Hormuz announcement (report)



The price of USOIL fell by double digits within minutes after the announcement.

Yesterday, US President Trump, along with the Iranian Foreign Minister, announced a significant de-escalation on the war front, indicating that the Strait of Hormuz will finally be reopened.

the statement It had a major impact on almost all financial markets, especially oil, given the importance of the strait.

For example, USOIL stock fell more than 11%. It was trading at $90 a barrel before the announcement, but fell to a five-week low of less than $80 within minutes.

As with many previous major announcements, reports emerged that traders had placed large orders just minutes before the announcement was published.

According to Reuters, investors shorted oil prices with a position worth $760 million 20 minutes before Friday’s statement. Between 12:24 GMT and 12:25 GMT, they sold a total of 7,900 Brent crude futures contracts, according to London Stock Exchange data.

The Iranian Foreign Minister posted on Channel X at 12:45 GMT that the passage of all commercial ships through the strait had been fully reopened for the remainder of the ceasefire.

Remember, there have been several similar cases in the past few years, especially when it comes to the Middle East. For example, one account was linked to multiple traders dating back to 2024 placed He trades with a 100% profit rate, betting on Israeli military actions against other countries in the region.

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Aside from yesterday’s collapsed oil price, most other financial assets have risen significantly. Bitcoin reached a ten-week high of more than $78,000 after de-escalation, but its rise could be in jeopardy with Iran. to reject And many other Trump claims.

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