CFTC Probes Nearly $1 Billion Oil Bet Placed Hours Before Iran Ceasefire Announcement
The investigation centers on trading activity that occurred shortly before President Trump made public announcements regarding Iran policy.
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tl;dr
The CFTC is investigating nearly $1 billion in suspicious oil trades made just before President Trump announced an Iran ceasefire. Senator Elizabeth Warren is demanding an inquiry into whether administration insiders leveraged non-public information.
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EWElizabeth WarrenD-Massachusetts
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