$580M oil trades made minutes before Trump's key Iran announcement draw scrutiny
New York Post·2026-03-24 16:40
Over half a billion dollars in oil bets were placed just 15 minutes before President Trump announced Monday he was pausing plans to attack Iranian infrastructure, sending prices plunging.In a narrow window between 6:49 a.m. and 6:50 a.m. Eastern Time, about 6,200 Brent and West Texas Intermediate crude futures trades were placed — a burst of activity valued at about $580 million, according to the Financial Times.Around the same time, volumes in S&P 500 futures also spiked, with equity markets beginning to m ...