Wonder who made money today? The Saudies?
As of May 2026, the U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) are investigating multiple suspicious oil futures trades, totaling over $2.6 billion in transactions, that occurred immediately before major policy announcements by President Trump regarding the Iran war. These "well-timed" trades, which saw large bets against oil prices, generated significant profits.
Yup. Whoever has been doing it will not get caught but a lot of well positioned rich folks will be suspected of doing it. I'm sure the investigators will find some kind of patsy somewhere to point a finger at.
