Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Merin Rebecca Thomas

DOJ Investigates $2.6 Billion In Oil Trades Linked to Iran Conflict Timing: Report

Federal authorities are reviewing large oil positions placed just before key Iran-related announcements that moved global crude markets. (Credit: AFP)

Federal investigators are examining a series of large oil trades placed shortly before major geopolitical developments tied to the Iran conflict, according to a new report.

The Department of Justice and the Commodity Futures Trading Commission are reviewing whether the timing of the trades reflects unusual market behavior or potential misuse of nonpublic information.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.