Hedge Funds Piled Into Bearish Oil Bets Ahead of US-Iran MOU

Bloomberg Jun 22, 2026 2h ago ⏱ 1 min read 👁 1 views

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📋 Article Summary

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Hedge funds boosted bearish bets on US crude to the most in nearly five months on expectations that a preliminary peace deal between Washington and Tehran will boost Middle East oil flows through the Strait of Hormuz. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

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