U.S.-Iran Oil Deal Intensifies Crude Volatility, Bitget BZ Contract Open Interest Accounts for 17% of Global Total, Ranking Second Worldwide

Odaily Planet Daily News Previously, the United States announced a provisional agreement with Iran and lifted a 60-day oil sanction, 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 intensified battle between long and short positions has driven up market attention for related contracts.

According to CoinGlass data, the total global open interest for BZ contracts currently stands at $73.4659 million. Among these, Bitget's BZ contract open interest is $12.5437 million, accounting for a market share of 17.07%, ranking second globally.

Currently, Bitget has fully deepened its Panoramic Exchange (UEX) ecosystem, encompassing diversified assets such as US stocks, CFDs, and cryptocurrencies, providing users with a wide range of cross-market asset allocation channels.