DOJ probing $2.6 billion in oil trades related to Iran war, sources say ๐Ÿ‘€

    https://abcnews.com/amp/US/doj-probing-26-billion-oil-trades-related-iran/story?id=132738007

    Posted by rbr0714

    13 Comments

    1. https://preview.redd.it/5vwi5xm0gpzg1.jpeg?width=1070&format=pjpg&auto=webp&s=ed6e6f2b789da2a9bbdbc6adb8e319a5bd61da52

      **DOJ probes traders over oil market bets. Sources tell ABC News the DOJ is investigating at least four oil traders after more than $2.6 billion was wagered on oil prices falling shortly before they did.**

      **The Department of Justice is investigating a series of suspiciously timed trades in the oil market just ahead of major announcements by PresDJT about the war against Iran, sources told ABC News.**

      **The DOJ, along with the Commodity Futures Trading Commission, is probing at least four of these trades where traders made a total of more than $2.6 billion betting that oil prices would drop right before they did.**

      **The DOJ and CFTC have not commented on the trades.**

      **ABC News obtained the data of the four trades from the London Stock Exchange Group.**

      **On March 23, 15 minutes before DJT announced that he would delay threatened attacks on Iran’s power grid, traders bet more than $500 million that oil prices would fall.**

      **On April 7, hours ahead of a temporary ceasefire announced by DJT, traders bet $960 million that oil prices would fall.**

      **On April 17, 20 minutes before Iran’s Foreign Minister Abbas Araghchi posted on social media saying that the Strait of Hormuz was open, traders bet $760 million that oil prices would fall.**

      **On April 21, 15 minutes before DJT announced he would extend the ceasefire, traders placed a series of bets worth $430 million that oil prices would fall.**

      **The data from LSEG does not indicate any identities behind these trades and does not prove individuals were trading based on insider information.**

    2. CalebVanPoneisen on

      Why do I think about aliens probing butts when I see the word โ€œprobingโ€?

    3. rogerwilcove on

      Another chance for Todd Blanche to prove to POTUS heโ€™s the right guy for the jobโ€ฆ

    4. Iโ€™ve been saying โ€œwatch the volume it comes 15min before the newsโ€

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