There's nothing like a war to jack up the price of oil. Reuters reports that hedge funds are betting that an Israeli strike on Iran, or even the perception that such an attack is nearer, will have a big impact on oil prices. "In the U.S. crude oil options market, calls are being bid higher than puts for the first time since February." These Iran-linked bets have flurried before, and it remains to be seen if this one will last. Article
Source: http://www.fiercefinance.com/story/hedge-funds-bet-oil/2012-08-17?utm_source=rss&utm_medium=rss
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