Traders bet on oil at $100 as Iran sanctions loom

Capt. John

Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand. But the imminent return of U.S. sanctions on Iran and bottlenecks...

https://www.hellenicshippingnews.com/traders-bet-on-oil-at-100-as-iran-sanctions-loom/

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