The Iran war is about to democratise the oil market, as the world’s largest derivatives exchange makes it much easier for individuals to bet on crude prices after wild swings during the conflict attracted a wave of retail traders.
Chicago-based CME Group has said retail traders will be able to buy and sell contracts for just 10 barrels of oil — currently worth around $700 — with trading available around the clock, seven days a week, from the end of August.
The move comes after popular crypto-trading platforms such as Hyperliquid and Binance began offering retail traders 24/7 access to commodity-linked products.
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