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2026-03-24 06:53:51
[Traders Placed $580 Million in Oil Positions 15 Minutes Before Trump's Tweet Raises Insider Trading Allegations] 1. About 15 minutes before Trump tweeted about "productive" negotiations with Iran, traders placed approximately $580 million in oil-related positions. Around 6,200 Brent and WTI crude oil contracts were traded prior to the announcement; after the announcement, oil prices plummeted, and the stock market jumped. 2. This timing has raised questions about potential insider trading. Currently, there is no evidence of wrongdoing, and officials have denied any irregularities. However, the precise timing of these market bets has attracted regulatory attention and market discussion. 3. News of Trump's delay in the grid attack plan caused oil prices to plummet by more than 10% to below $100 per barrel. Traders who had prior knowledge of the news could have made huge profits. This incident highlights the potential conflict between policy information dissemination and market fairness in the social media age.
