U.S. Investigates Oil Trades Linked to Iran Policy Announcements

US regulators are investigating a series of oil futures trades placed shortly before major policy announcements related to the Iran conflict.

The Commodity Futures Trading Commission is examining transactions on platforms operated by CME Group and Intercontinental Exchange. (Photo: CME Group)

The Commodity Futures Trading Commission is examining transactions on platforms operated by CME Group and Intercontinental Exchange, according to Reuters.

The probe focuses on trades made on March 23 and April 7, including a roughly $950 million position taken just hours before a ceasefire announcement involving the United States and Iran.

Investigators are reviewing detailed trader identification data to determine whether the activity involved the misuse of non-public information.

The Trump administration has reportedly cautioned officials against leveraging insider knowledge for financial gain amid the ongoing geopolitical tensions.

The trades in question may have generated millions in profits, prompting calls from lawmakers and market experts for greater scrutiny and transparency.