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Bullish Oil Options Wagers Surge as Trump Ramps Up Sanctions

Traders have been snapping up bullish oil options to hedge against the risk that US sanctions will cause prices to spike.



Bullish oil options wagers are surging as Trump ramps up sanctions on Iranian and Venezuelan oil exports. Traders are hedging against potential price spikes caused by these sanctions, focusing on June $100 calls. This reflects a balance between slow growth fears and potential market tightness due to sanctions. Oil options pricing shows a more optimistic tilt.

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