Oil Traders Profited $15 Million Before Trump Iran War Announcement
The Commodity Futures Trading Commission (CFTC) is examining oil futures trades made on March 23 by at least three previously undisclosed firms: Qube Research & Technology, Totsa, and Forza Fund Ltd. These trades, which occurred shortly before an announcement regarding Iran, reportedly resulted in significant profits for the firms. While the firms have not been accused of any wrongdoing and deny awareness of an investigation, their trading decisions are being scrutinized alongside other suspicious trades that occurred around key geopolitical announcements, prompting a broader inquiry by the Justice Department as well.
John Q. Hosedrinker