Oil derivatives on alert as Hormuz tensions lift supply risk

2nd March, 2026

Zak Jakubowski
Oil rig

Commodity traders are preparing for sharp price swings after US and Israeli strikes on Iran increased concerns over crude flows through the Strait of Hormuz.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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