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๐ฅ Before Trump announced a ceasefire, a $950 million short position in crude oil was precisely entered. U.S. lawmakers urge investigation into "suspicious" transactions.
On April 9, according to Reuters, just hours before U.S. President Trump announced a ceasefire agreement with Iran, unusual trading occurred in the oil market. At 19:45 GMT on Tuesday, during the after-hours settlement period, investors suddenly sold a total of 8,600 Brent and WTI futures contracts, totaling approximately $950 million. Less than three hours later, Trump officially announced a two-week ceasefire between the U.S. and Iran. Following this news, crude oil futures plunged about 15% at the Wednesday open, falling below the $100 mark. This indicates that the short position was highly profitable within just a few hours. This is not an isolated incident. On March 23, fifteen minutes before Trump announced a delay in striking Iranโs energy facilities, the market experienced a $500 million abnormal short position, and the oil price similarlyโฆ