According to ABC, US authorities are investigating traders who made $2.6 billion from oil deals carried out minutes before key announcements by Trump and Iran during the war. In one case, trades totaling half a billion dollars were placed 15 minutes before Trump announced a pause in attacks on Iranian power plants. The suspicions were reported in real time.
According to the report, the case involves at least four incidents in which investors "bet" on a drop in oil prices and made large profits following the president's announcements. The Justice Department and the US Commodity Futures Trading Commission, the American regulator, have opened a joint investigation into at least four of the trades.
The investigation comes against the backdrop of a recurring pattern of suspicious trades on betting platforms around US military operations. About two weeks ago, US special forces soldier Gannon Ken Van Dyke was arrested on suspicion of betting on Polymarket on the ouster of Venezuelan President Nicolas Maduro based on information to which he had been exposed, just hours before he took part in the operation to capture him in January. He allegedly made a profit of more than $409,000.
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