FinanceNewsAPI
Nobel laureate calls it 'treason': $580 million traded minutes before Trump's oil reversal - Fortune
Overview
About $580 million of oil futures changed hands in a single minute roughly 15 minutes before the president posted a market-moving message, and the timing has prompted accusations of possible front-running or coordinated trading. The trades occurred amid a sharp intraday oil spike and reversal tied to Iran-related tensions and rapid policy signals from Washington, linking them to the same volatility moving markets this week. A Nobel laureate called the trading "treason," intensifying scrutiny of both the concentrated trades and how political statements can quickly drive market swings.
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