$700M Oil Trade Spike Before Iran Deal Announcement Raises Red Flags

$700M Oil Trade Spike Before Iran Deal Announcement Raises Red Flags

Over $700 million in oil futures traded in minutes before news of a U.S.-Iran diplomatic deal, which then sent prices down more than 7%. The sudden burst of trading suggests big traders knew the news was coming. Regulators will investigate whether that information leaked to the market early.

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