U.S.-Iran Oil Sanctions Easing Intensifies Crude Volatility, Bitget BZ Contract Open Interest Accounts for 17% of the Market, Ranking Second Globally

Odaily reported that earlier, the United States announced an interim agreement with Iran and lifted a 60-day oil sanctions, leading to increased volatility in the international crude oil market. According to Bitget market data, the price of Brent crude oil (BZ) is approximately $78 per barrel, with a 24-hour increase of 0.3%. The escalating long-short battle on the chart has boosted market attention for related contract products.

According to CoinGlass data, the total open interest for BZ contracts across all exchanges currently stands at $73.4659 million. Among them, Bitget's BZ contract open interest reached $12.5437 million, with a market share of 17.07%, ranking second in the world.

Currently, Bitget has fully deepened its Universal Exchange (UEX) ecosystem, covering diversified assets such as US stocks, CFDs, and cryptocurrencies, providing users with broad cross-market asset allocation channels.