The Commodity Futures Trading Commission is investigating suspiciously timed oil trades worth over $800 million made moments before President Trump announced a pause on strikes against Iranian energy infrastructure.
Wall Street regulators are investigating a batch of suspiciously well-timed oil trades worth over $800 million amid mounting accusations of insider trading connected to the Iran war.
According to the New York Post, a flurry of crude futures changed hands on March 23, just moments before President Trump paused strikes on Iran’s energy infrastructure via Truth Social. The announcement sent oil prices nosediving 13%, netting millions for several firms, including Qube Research & Technologies and TotalEnergies. The Commodity Futures Trading Commission (CFTC) is now probing whether an insider leaked the market-moving decision.
SThe White House defended its personnel against the allegations. “All federal employees are subject to government ethics guidelines that prohibit the use of nonpublic information for financial benefit,” White House spokesman Davis Ingle told The Post. “However, any implication that Administration officials are engaged in such activity without evidence is baseless and irresponsible reporting.”
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