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DOJ Investigates $2.6 Billion In Oil Trades Linked to Iran Conflict Timing: Report

DOJ
International Business Times Fews App News Provider
Fews App Post Time 17h ago

Federal authorities are reviewing large oil positions placed just before key Iran-related announcements that moved global crude markets. AFP Federal investigators are examining a series of large oil trades placed shortly before major geopolitical developments tied to the Iran conflict, according to a new report. The Department of Justice and the Commodity Futures Trading Commission are reviewing whether the timing of the trades reflects unusual market behavior or potential misuse of nonpublic information.

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