Finance
Traders Protect Against Selloff Even as Oil Climbs Above $110
Even as Wall Street calls for oil to hold above $100, stockpiles shrivel and the Strait of Hormuz remains all but shut, some traders are buying options to protect against an abrupt deescalation between the US and Iran.
B
Bloomberg
April 28, 2026·1 min read
Image: Bloomberg
Even as Wall Street calls for oil to hold above $100, stockpiles shrivel and the Strait of Hormuz remains all but shut, some traders are buying options to protect against an abrupt deescalation between the US and Iran.
Original article
Traders Protect Against Selloff Even as Oil Climbs Above $110
Published by Bloomberg