U.S. CFTC Launches Probe into Suspicious Crude Oil Trades Ahead of Trump's Shift on Iran Policy

BlockBeats News, April 16th, according to Bloomberg, the top U.S. derivatives regulator is investigating a series of "highly precise timing" crude oil futures trades that took place just before recent adjustments in Trump's Iran war policy. Sources familiar with the matter revealed that the investigation has been launched.

The U.S. CFTC is leading the investigation into crude oil futures contract trades conducted on the CME Group and Intercontinental Exchange platforms. Sources said they spoke on the condition of anonymity because the information is not public.

Currently, both trading platforms have been asked to submit relevant trade data to the regulatory agency to assist in the investigation.