"Federal investigators, alongside the Commodity Futures Trading Commission, are examining at least four trades in which investors collectively wagered more than $2.6 billion that oil prices would fall in the minutes or hours before public statements that sent markets lower."
"On March 23, traders placed more than $500 million in bets that oil prices would decline just 15 minutes before Trump announced he would delay threatened attacks on Iran's power grid. On April 7, traders reportedly bet $960 million on falling oil prices hours before Trump announced a temporary ceasefire."
"A fourth rush of trades worth $430 million was placed on April 21, shortly before Trump announced an extension of the ceasefire. The Department of Justice and the CFTC have not publicly confirmed the investigation."
Federal investigators and the Commodity Futures Trading Commission are examining a pattern of high-value oil trades placed immediately before President Trump's announcements regarding Iran policy. At least four separate transactions totaling more than $2.6 billion involved investors betting that oil prices would decline, with trades occurring 15-20 minutes to hours before public statements that subsequently moved markets downward. Specific instances include $500 million wagered before Trump delayed attacks on Iran's power grid, $960 million bet before a ceasefire announcement, $760 million placed before confirmation that the Strait of Hormuz remained open, and $430 million traded before a ceasefire extension. The investigation probes whether these coordinated bets indicate insider knowledge of the announcements.
#insider-trading-investigation #oil-market-manipulation #iran-policy-announcements #commodity-futures-trading #federal-investigation
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