emergencyBreaking NewsKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisisKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisis
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Home/Briefs/commodity futures
BriefApril 8, 2026 · 10:30 PM

Ritchie Torres Calls for Probe into $500 Million in Oil Futures Trades Placed Minutes Before Iran Hostilities Pause

More than $500 million in crude oil futures trades were made in the roughly 15 minutes before a presidential announcement regarding Iran hostilities. The trades predicted a decline in oil prices and a rebound in equity markets. This activity occurred just before President Donald Trump announced a five-day delay in attacks on Iran's energy infrastructure in March via Truth Social. Rep. Ritchie Torres, D-N.Y., has called for a federal probe into the trades. Torres describes the occurrence as potentially one of the largest instances of insider trading in history.

Rowan Ravenscroft
Commodity FuturesFinancial RegulationInsider Trading

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