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The Independent UK
The Independent UK
Ariana Baio

Regulators looking at three firms over multimillion-dollar trades before Trump’s Iran war announcement, report says

Several financial firms that profited from well-timed oil trades, made shortly before President Donald Trump announced new developments in the Iran war, are being looked at by the Commodity Futures Trading Commission, according to a new report.

Moments before Trump announced he would postpone bombing Iran’s infrastructure on March 23, more than $800 millon worth of oil futures were exchanged – with at least three firms profiting from more than $15 million combined, according to data and records seen by the Wall Street Journal.

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