ReportedShipping, energy & marketsUnited States
CFTC examines oil trades made before Trump’s Iran-strike reversal
- Mountain Time
- Local time
- 1:20 PM in New York
- Where
- United States
Commodity Futures Trading Commission Chairman Michael Selig said the agency’s enforcement division is examining oil trading during the Iran war, including a rapid sale of crude futures before Trump withdrew a threat to strike Iranian power plants.
Why it matters
A regulatory inquiry could determine whether traders used nonpublic information during price-sensitive Iran-war announcements and may affect crude-market oversight.
Source
- OilPrice.comoilprice.comPublished
Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels