Investors, US crude producers scramble to lock in oil price spike - Reuters

<a href="https://news.google.com/rss/articles/CBMirwFBVV95cUxPd1ViM2NqRGpndWxlNlNYbUJGWXNRbXktQkhEeW4yeXdnbWxFSmpTQ2RiNmU2QVdWd1NrdHZGeG9EVGhZVlByWHp0VDVxSkRneVZzQlRrRlNTWXRfS0tUTk5MLURPemhYbGFxZUYta05YZlduNW1fdFhRSlVCR2M3UWxDXzRvbExWSVl0aUNueTJURUhPOUFOaVpHaEgwYTA0Zmt1MEJ6Tm1INnFiVjY0?oc=5" target="_blank">Investors, US crude producers scramble to lock in oil price spike</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Investors rushed to lock in a spike in oil prices this week, resulting in a record volume of energy futures and options contracts changing hands on Monday, the first trading day after Israel and the US bombed Iran and Tehran retaliated.

Investors have rushed to lock in the spike in oil prices in the past week, resulting in a record number of energy futures contracts and options contracts being traded on Monday. It was the first trading day since Israel and the U.S. bombed Iran and Tehran responded.

Crude posts biggest jump since June after Strait of Hormuz disruption, prompting hedging surge among oil drillers.

Investors and U.S. crude producers rushed to hedge amid a sharp oil price spike following conflict involving Israel, the U.S., and Iran. A record 12.7 million energy futures and options contracts traded on ICE, with producers using swaps to lock in high prices and manage risk amid threats to Strait.

Investors rushed to lock in a spike in oil prices this week, resulting in a record volume of energy futures and options contracts changing hands on Monday, the first trading day after Israel and the U.S. bombed Iran and Tehran retaliated.