Up 18% in June, is the Betashares Crude Oil Index ETF a good oil price play?

The Betashares Crude Oil Index Currency Hedged Complex ETF (ASX: OOO) has surged this month, up 18.4% since 30 May.

The OOO ETF is trading 1.85% lower at $5.85 per unit today.

The ASX ETF surged last Friday after Israel attacked Iran’s nuclear facilities in a pre-emptive strike to prevent it…