Oil shorts on Hyperliquid get wiped out as crude surges 30% on Iran escalation

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Tokenized crude oil futures saw their largest liquidation event on crypto venues as the conflict expanded to Saudi Arabia and Gulf oil production collapsed.

source https://www.coindesk.com/markets/2026/03/09/oil-shorts-on-hyperliquid-get-wiped-out-as-crude-surges-30-on-iran-escalation-triggering-usd40-million-in-liquidations

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