Published: Apr 19, 2026, 14:15 IST | Updated: Apr 19, 2026, 14:15 IST
A massive $760 million market position betting on falling oil prices was placed shortly before major developments in the Strait of Hormuz crisis, raising questions among analysts about timing and market expectations. The trade came as tensions linked to the ongoing United States–Iran standoff continued to threaten one of the world’s most critical oil chokepoints.