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Traders place $760 million bet on falling oil ahead of Hormuz announcement
The trades came minutes before Iran’s announcement and followed similar bets ahead of earlier Middle East policy shifts, prompting a U.S. Commodity Futures Trading Commission probe.
- Traders placed about $760 million in bets on falling oil prices shortly before Iran announced the Strait of Hormuz would remain open.
- The timing of the trades, occurring minutes before the announcement, has raised concerns about possible use of sensitive geopolitical information.
- Similar well-timed trades in recent months have drawn scrutiny from U.S. lawmakers and regulators over potential market advantages.
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20 Articles
20 Articles
Another unexpected development allowed investors to make profits with the fall of oil. 20 minutes before being announced the reopening of Ormuz, 760 million dollars were invested.
·Portugal
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A $760 million bet on the drop in the oil price placed just twenty minutes before Donald Trump's announcement on the reopening of the Strait of Hormuz. It is the third case, in less than a month, of abnormal movements on the markets preceding a breath of political communications able to reverse the trend of the prices. Powering the suspicions of an insider trading scheme not episodic. According to market data, yesterday before the 15 Italians we…
·Rome, Italy
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This smells like perfect timing – or a tangible scandal!
·Berlin, Germany
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Total News Sources20
Leaning Left4Leaning Right5Center5Last UpdatedBias Distribution36% Center, 36% Right
Bias Distribution
- 36% of the sources are Center, 36% of the sources lean Right
36% Right
L 28%
C 36%
R 36%
Factuality
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