Bullish Oil Option Volume Soars to Record as Traders Sweat Iran Risk

Oil traders are lining up protection against a spike in prices at a rate never seen before on concern that protests in Iran will escalate and result in a disruption...

By Alex Longley, Mia Gindis · Bloomberg Markets

Oil traders are lining up protection against a spike in prices at a rate never seen before on concern that protests in Iran will escalate and result in a disruption to supply.