Macro Finance
Oil Traders Crowd Into Cheap TACO Hedge as Iran War Amps Up
Bloomberg Markets·July 16, 2026·1 min read
An unusual options trade is becoming a favored hedge against the risks of sudden U-turns in US President Donald Trump's stance on Iran, a dynamic that has repeatedly whipsawed markets in recent months. Oil traders are crowding into the cheap TACO hedge as Iran war tensions amp up.
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