Due to the partial geopolitical premium loss stemming from tensions between Iran and Israel, the largest oil ETF, the United States Oil Fund, announced its largest single-day outflow ever recorded.The withdrawal amounted to $376 million, surpassing the previous record set in 2009 of $323 million. Prior to this, similar significant inflows were seen over the first two trading days.Since Iran launched over 300 drones and missiles at Israeli military targets, oil prices have surged, experiencing new fluctuations over the weekend reportedly due to retaliatory strikes by Israel against the Islamic Republic.U.S. crude oil futures prices are approximately $5 lower than before the attacks, indicating that while the political situation remains tense, the oil market has become more optimistic about