Surge in global betting on energy markets seen on Monday morning 15 minutes prior to Donald Trump’s Truth Social post announcing ‘productive’ talks with Iran
A surge in betting on global oil markets just 15 minutes before Donald Trump announced a temporary halt to his airstrikes on Iran this week has sparked claims of insider trading.
Trump said on his Truth Social platform at 7.05 a.m. Monday: “I am please [sic] to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”
Iran denied any such talks had taken place, branding them “fake news”.
But according to Bloomberg, at least 6 million barrels of Brent and West Texas Intermediate were suddenly sold between 6.49 a.m. and 6.51 a.m, raising suspicions that word of the president’s announcement was leaked in advance.
Who plays a game that’s obviously rigged against them? Just pull out of American markets. All of them.
I’m pulling all my money out of American stock indexes, but this whole oil futures bullshit affects all of us. Even those who don’t drive ICE vehicles, because oil going up means diesel going up means food prices going up in grocery stores
The market is not just a casino. There are actually people who use oil who buy oil futures. Exiting the “game” would mean not buying or using oil in America, for them.
I mean if the American markets crash no market is safe. Money is more fake than it ever has been.
Time to go back to trading pelts.
I will trade 1 cask of beer and 10 potatoes for pelts from a billionaire
It’s the most juicy market, that’s why people continue to invest on it but I noticed more investments on the european market since US became untrustworthy
I live here. Can’t exactly boycott my own backyard
Join a credit union, shop local. just keep it out of the banks and in the hands of your comrades. Sorry about your tax dollars though :(