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US regulators probe $800M suspicious oil trades linked to insider info on Iran war

Market News
20 May 2026
New York Post
View Source
Bearish
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US regulators are investigating over $800 million in oil futures trades made just before President Trump's social media post paused strikes on Iran's energy infrastructure, causing oil prices to drop sharply. The Commodity Futures Trading Commission (CFTC) suspects insider trading involving at least three firms, including Qube Research, Forza Fund, and TotalEnergies, which collectively earned millions from these trades. The probe highlights concerns about misuse of nonpublic information amid the Iran war's impact on global oil markets. No formal accusations have been made yet, and the investigation continues as regulators analyze trading patterns and motivations.

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