DOJ Probes $2.6 Billion in Oil Trades Placed Before Trump War Announcements: ABC News
Investigators are examining at least four trades totaling more than $2.6 billion that preceded market-moving Iran war statements, sources said.
- The Department of Justice and the Commodity Futures Trading Commission have opened an investigation into at least four massive oil trades totaling $2.6 billion that precisely anticipated major U.S. policy shifts during the Iran war, according to ABC News.
- Investigators are scrutinizing a pattern of high-value "short" bets placed just minutes or hours before President Trump announced significant military delays and ceasefires, which caused oil prices to plummet and generated enormous profits for the unknown traders.
- Specific transactions under review include a $500 million wager executed 15 minutes before a March 23 announcement regarding strikes on Iranian energy infrastructure and a $960 million bet placed shortly before a two-week ceasefire was declared on April 7.
- The federal probe is focused on whether confidential information regarding sensitive diplomatic and military decisions was leaked to market participants, a scenario that lawmakers and analysts warn could represent one of the largest instances of wartime insider trading in history.
72 Articles
72 Articles
Mysterious billion bets on falling oil prices, just before Trump's Iran announcements. US Justice Department investigates. Trump is under suspicion again.
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D24&w=64&q=75){kind=small}
U.S. Authorities Investigate Suspicious Oil Trades Linked to Iran War Developments
Federal investigators are examining a series of high-stakes oil market trades placed shortly before major announcements by President Donald Trump and Iranian officials regarding the ... The post U.S. Authorities Investigate Suspicious Oil Trades Linked to Iran War Developments first appeared on [your]NEWS.
Investors have focused on falling oil prices and high profits during the Iran war. Business timing is explosive, the scale greater than expected.
Irregular trades ahead of White House announcements spark major graft concerns
Traders placed bets totalling more than $7 billion right before major US announcements relating to the Iran war, prompting accusations of rampant corruption in Washington. The “highly unusual” trades have added to calls for regulators to step up their scrutiny of senior US government officials, including President Donald Trump. Since the start of his second term, the US leader has reportedly increased his fortune by billions of dollars, while se…
The Department of Justice, alongside the Committees Futures Trading Commission (Cftc), has launched investigations into at least four financial transactions, betting from perfect timing on abrupt fluctuations in oil prices that have yielded over 2.6 billion dollars
According to media reports, the U.S. Department of Justice is investigating a number of suspicious transactions in the oil market that were made shortly before announcements by President Donald Trump and other government officials. It is close to the suspicion of insider trading. US broadcasters ABC News and NBC News reported on individuals familiar with the matter from at least four stores where traders would have placed more than 2.6 billion U…
Coverage Details
Bias Distribution
- 42% of the sources lean Right
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
