Energy facilities caught in US-Iran conflict push up international oil prices, "WTI and Brent crude main force short positions" floating losses increase to $2.3 million

robot
Abstract generation in progress

Mars Finance reports that on March 19, according to Hyperinsight monitoring, as the US-Iran conflict continues to escalate, oil facilities in three Middle Eastern countries have been targeted by Iran, impacting energy supplies. Both WTI and Brent crude oil prices surged. On Hyperliquid, WTICRUDE (WTI crude oil) rose by 4.5% intraday, reaching a high of $98, currently at $96.65; BRENTCRUDE increased nearly 10% intraday, currently at $107. As a result, the whale known as the “main short force for US and Brent oil” (0x985), which shorted the two major crude oils on this platform, saw its unrealized losses expand to $2.3 million. The total position size reached $29.5 million, with both short positions opened near $91.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin