PANews reported on March 9th that, according to on-chain analyst @ai_9684xtpa, crude oil prices have surged 67.5% since Iran blocked the Strait of Hormuz. Hyperliquid user 2 frères 2 fauves started shorting CL at $78.36 and currently holds 12,717 CL (worth $13.37 million), making it the top CL position on Hyperliquid. The account is currently showing a floating loss of $3.4 million, with a liquidation price of $120.76.