Marjorie Taylor Greene Singles Out $920 Million Worth Of Crude Oil Shorts And Says On-Again, Off-Again Wa
Nearly $1 billion in crude oil shorts were opened before an Axios report, and traders gained about $125 million as prices fell.
- On Wednesday, market commentator The Kobeissi Letter flagged nearly 10,000 crude oil futures contracts sold short worth $920 million, opened 70 minutes before Axios reported the US and Iran nearing a "memorandum of understanding."
- The Trump administration faces persistent accusations of using erratic "on-again, off-again" war rhetoric to facilitate insider trading, as market volatility has become a frequent pattern when officials signal peace agreements that often collapse.
- Following the Axios report, crude oil prices plunged 12%, allowing short position holders to gain approximately $125 million, before surging 8% after Iran announced the "Persian Gulf Strait Authority" to mediate strait passage.
- Critics, including Fox News commentator Jessica Tarlov and former Representative Marjorie Taylor Greene, denounced the trades as "epic insider trading," while Democrats in Congress urged the Securities and Exchange Commission to investigate potential White House corruption.
- President Donald Trump signaled confidence that a deal is "very possible" while Tehran evaluates the peace proposal, yet analysts like Adam Cochran, professor and policy consultant, identified additional $100 million in suspicious on-chain trades suggesting multiple insiders profited.
11 Articles
11 Articles
$920M In Suspicious Trades Preceded Latest War News
Business Insider reports: Oil prices have plunged on reports that the US and Iran are nearing a peace deal, a development that paid off big for traders that happened to be shorting crude just ahead of the news. Data flagged by the The Kobeissi Letter shows that nearly $1 billion of crude oil shorts were opened roughly an hour before an Axios report that the US and Iran were nearing a deal to end the war. The plunge reflects investor optimism tha…
Marjorie Taylor Greene Singles Out $920 Million Worth Of Crude Oil Shorts And Says On-Again, Off-Again Wa
Former U.S. Representative Marjorie Taylor Greene (R-Ga.) on Wednesday amplified allegations of insider trading tied to escalating tensions in the Middle East, following claims that traders placed nearly $920 million in bearish crude oil bets shortly before reports surfaced of a possible U.S.-Iran agreement. Greene Raises Questions About Timing And Size Of Bet In a post on X, Greene wrote, "When is everyone going to start realizing that the mani…
Nearly $1 billion in oil shorts bet just before Iran peace report
Observers are once again raising concerns about insider trading on Wednesday after a trader took a colossal crude oil short position just over an hour before a US-Iran peace deal was reported to be on the horizon, causing prices to fall. The Kobeissi Letter, a financial newsletter, reported on X that at 3:40 am on Wednesday, “nearly 10,000 contracts […] The post Nearly $1 billion in oil shorts bet just before Iran peace report appeared first on …
Insider trading accusations fly over suspicious Iran war oil trades
Serious questions were raised about market manipulation as President Donald Trump and his administration came under scrutiny over the status of the ongoing Iran war amid a chaotic rise and fall of oil prices. Axios released a report early Wednesday that the United States was moving closer to an end ...
Common Dreams
The Real News‘Epic Insider Trading’: Nearly $1 Billion in Crude Oil Shorts Taken Just Before Report of US-Iran Peace Deal
Observers are once again raising concerns about insider trading on Wednesday after a trader took a colossal crude oil short position just over an hour before a report on a forthcoming US-Iran peace deal caused prices to fall.
Online sleuths are raising more red flags around suspiciously timed Iran-war oil trades
An Iran-flagged tugboat travels in the Strait of Hormuz.Amirhossein KHORGOOEI / ISNA / AFP via Getty ImagesOil prices plunged on reports that Iran and the US are nearing an agreement to end the war.Data highlighted by commentators online showed a well-timed oil short made just ahead of the report.Ex-JPMorgan quant, Marko Kolanovic, showed "blatantly manipulated markets."Oil prices have plunged on on reports that the US and Iran are nearing a pea…
Coverage Details
Bias Distribution
- 75% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
