Bloomberg | Oil Holds Near $70 as Trump Dumps Iran Deal, Promises Sanctions Bloomberg Meanwhile, oil options traders are betting on a near-term price plunge. Volume on June WTI $65 puts jumped above 19,000, the most actively traded on Tuesday. The options expire on May 17. In the U.S., crude inventories likely increased by 1 million ... Trump Tears Up The Iran Deal Don't count on further gains in oil prices after Trump's Iran announcement, expert says US Oil Prices Hit $70 a Barrel for First Time Since '14 |