Investor Gains $923,000 in 11 Days on Crude Oil Futures as U.S.-Iran Conflict Escalates

An investor earned $923,000 in 11 days after going long on crude oil futures, starting at $66.41 on February 24 and closing at $89.5 on March 7. The position benefited from escalating tensions in the Middle East, which caused crude oil prices to surge. The rapid price increase was spurred by fears over potential supply disruptions from the conflict, particularly in the Strait of Hormuz.

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