Oil prices surge, cross $80 after US-Iran conflict engulfs Middle East, Strait of Hormuz [View all]

Oil futures surged upward on Sunday evening as traders price in the first open market session after the start of an escalating conflict in the Middle East that is increasingly threatening energy infrastructure.

Futures on Brent crude (BZ=F), the international pricing benchmark, jumped by 13% to trade above $82 per barrel in the first minutes of open trading, while those on US benchmark West Texas Intermediate (CL=F) crude, rose by nearly 10% to cross $70 per barrel.

The price on Brent marks a level not seen since January 2025 as the conflict in Iran has engulfed the entire region, while WTI reached levels not seen since 2025's "12-day war."

Gold (GC=F) also picked up more than 2% as investors ran to the precious metal for its flight-to-safety status, while the US dollar (DX-Y.NYB) appreciated by roughly 0.3%. Shares in Saudi Aramco (2223.SR) rose by more than 3% in the Middle Eastern trading session on the prospect for higher oil prices.

https://finance.yahoo.com/news/oil-prices-surge-cross-80-after-us-iran-conflict-engulfs-middle-east-strait-of-hormuz-233642560.html

So how many on the Trump team invested in oil futures just before we attacked Iran?