Trillions

Oil Trade Complexity—Explained With ETFs

It can be risky even in peacetime. Now with war in the Gulf, we break down how best to invest in the commodity.

Photographer: Luke Sharrett/Bloomberg

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As the US-Israel war with Iran has reminded the world, oil remains as integral as ever to the global economy. But the exchange-traded funds for investing in crude come with some caveats—and are a big reason why Bloomberg Intelligence introduced its traffic-light system, which is designed to warn of risky trades.