Mars Finance reported on April 16th, citing Bloomberg, that the top U.S. derivatives regulator is investigating a series of "remarkably precise" crude oil futures trades that occurred before Trump's recent policy shift regarding the Iran war. According to sources familiar with the matter, the investigation has been launched. The U.S. CFTC is leading the investigation into crude oil futures contract trading on the CME Group and Intercontinental Exchange platforms. The sources requested anonymity because the information is not public. Currently, both trading platforms have been asked to submit relevant trading data to regulators to cooperate with the investigation.
The US CFTC launches investigation into suspicious crude oil transactions prior to Trump's shift in Iran policy.
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