Suspicious oil trading spike before Trump Iran announcement

Oil traders placed hundreds of millions of dollars in bets just minutes before US President Donald Trump announced the postponement of strikes on Iranian energy infrastructure, according to BBC-reviewed market data.

Trading volumes spiked about 15 minutes before the announcement, while oil prices plunged 14% within minutes after the post — allowing those who anticipated the move to profit.

Analysts say the unusual activity raises questions about whether some traders may have had prior knowledge of the decision.

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