Nobel laureate calls it 'treason': $580 million traded minutes before Trump's oil reversal

Two People Faces Talking Discussion Communication Stock Market Insider 3d Illustration (Credit: iQoncept—Getty Images)

Roughly $580 million worth of oil futures changed hands in a single minute early Monday morning, only about 15 minutes before President Trump posted on Truth Social that the U.S. had been engaged in “productive conversations” with Iran to end the war.

Now Nobel Prize-winning economist Paul Krugman is calling what he sees: treason.