U.S.-Iran Oil Sanctions Easing 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 temporary agreement with Iran, lifting a 60-day oil sanction, which has intensified 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 long-short battle on the board has led to increased attention in related contract markets.

According to data from CoinGlass, the current total open interest for BZ contracts across all networks is $73.4659 million. Among them, Bitget's BZ contract open interest stands at $12.5437 million, ranking second globally with a market share of 17.07%.

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