# Investors placed a $950 million bet on oil prices falling just hours before the US and Iran announced a ceasefire.

*business · news · 2026-04-08 · CNBC TV18*

## Key points

- Investors sold $950 million in oil futures hours before a US-Iran ceasefire announcement.
- The large trade was executed after settlement, which is highly unusual in oil markets.
- A similar $500 million oil futures sale occurred minutes before a key Trump announcement in March.
- Daily Brent crude futures trading volumes have doubled to over 1 million lots since the war began.

**Countries:** United States, Iran

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/traders-place-large-950-million-bet-on-oil-price-falling-hours-ahead-of-ceasefire-ws-l-19883305.htm)

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