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Macro Finance

Hedge Funds Hike Bullish Oil Bets to May High as Iran War Flares

Bloomberg Markets·September 4, 2026·1 min read

Hedge funds turned the most bullish on Brent crude since May as fresh fighting between the U.S. and Iran heightened concerns about prolonged disruptions to energy flows through the Strait of Hormuz. This marks a significant shift in oil market sentiment amid geopolitical tensions.

Read at Bloomberg Markets
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