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Hedge Funds Add Bullish Brent Oil Bets at Fastest Pace in Almost a Decade

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2026-07-17 20:19:13
Hedge funds increased bullish bets on Brent oil at the fastest pace in almost a decade as fighting between Iran and the US escalated, according to Bloomberg.

The move comes as investors scale back expectations for a sustained recovery in shipping through the Strait of Hormuz.
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