Crude Oil Inverse Products Post 83% Loss as Oil Rises on July 24 Amid US-Iran Tensions

According to Korea Exchange, crude oil inverse exchange-traded products plummeted 83% on July 24 as international oil prices surged due to escalating US-Iran military tensions and ongoing Houthi blockades in the Red Sea. Investors holding bearish crude oil positions suffered significant losses amid renewed energy market volatility.
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