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🚨 Breaking: 🇺🇸 Someone is front-running this war. At 3:40 AM, a short position on crude oil worth $920 million was liquidated.
Seventy minutes later, Axios reported that the US and Iran are about to reach an agreement.
Oil prices plummeted 12%.
Just this one trade: a profit of $125 million.
A few minutes later, Iran announced the establishment of the "Persian Gulf Strait Administration."
Oil prices then sharply rebounded 8%.
This is not the first time this has happened.