It is reported that between March and April, before the news of the Iranian war was announced, the total oil price bet reached US$7 billion, far exceeding the previously reported US$2.6 billion

On May 8, according to an analysis of exchange data by traders, market experts and Reuters, between March and April, before U.S. President Trump issued a major policy announcement on Iran, there were a series of well-timed oil price declines. Bet, traded across multiple exchanges, fuel types and derivatives markets, with a total amount of US$7 billion. This size has exceeded the previously reported $2.6 billion bet.