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commodity-trading

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Oil Prices Fall After Iran Declares Strait of Hormuz Open Amid Large Short Tradestimesofindia.indiatimes.com
finance4 hrs ago

Oil Prices Fall After Iran Declares Strait of Hormuz Open Amid Large Short Trades

Oil traders placed nearly $800 million in short positions yesterday morning. Shortly after, Iran's foreign minister announced the Strait of Hormuz was open. Oil prices then declined by 9:10 a.m. ET.

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