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Firms made over $15M on oil trades just before Trump Iran ceasefire announcement, CFTC investigates.

Market News
20 May 2026
Forbes
View Source
Neutral
pluang ai news

The Commodity Futures Trading Commission (CFTC) is investigating oil futures trades by three firms—Qube Research & Technology, Totsa, and Forza Fund Ltd—made on March 23, just before former President Trump announced a ceasefire extension with Iran. These trades yielded significant profits, with Qube making $5 million, Totsa $200,000, and Forza Fund about $10 million, part of a larger $800 million trading volume that day. While the firms have not been accused of wrongdoing, the timing of the trades aligned closely with Trump's social media post, prompting regulatory scrutiny. The investigation is ongoing, and the firms have not publicly confirmed their involvement or the probe.

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