Surge in global betting on energy markets seen on Monday morning 15 minutes prior to Donald Trump’s Truth Social post announcing ‘productive’ talks with Iran

A surge in betting on global oil markets just 15 minutes before Donald Trump announced a temporary halt to his airstrikes on Iran this week has sparked claims of insider trading.

Trump said on his Truth Social platform at 7.05 a.m. Monday: “I am please [sic] to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”

Iran denied any such talks had taken place, branding them “fake news”.

But according to Bloomberg, at least 6 million barrels of Brent and West Texas Intermediate were suddenly sold between 6.49 a.m. and 6.51 a.m, raising suspicions that word of the president’s announcement was leaked in advance.

  • givesomefucks
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    2 days ago

    The trick is not settling for geriatric neoliberals who won’t stop talking about how fondly he remembers “the good old days” when Republicans and him smoked cigars, drank whiskey, and conspiracied to prolong school segregation…

    Or about how nothing could every make him stop supporting a far right ethnistate currently committing genocide…

    Like, most Americans want to hold these asshats accountable. The problem is prior DNCs were rigging primaries. The good news is the modern DNC isn’t pulling that type of shit already, and we’ve been seeing the gains for a minute