DOJ, CTFC Investigating $2.6 Billion In Suspicious Iran War Oil Trades
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Source: Zero Hedge
Published: 2026-05-07 23:55 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Crime & Justice, Middle East, Military & Defence, Iran, Energy, Commodities, World News, War & Conflict
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Snippet:
U.S. authorities are investigating more than $2.6 billion in oil futures shorts that landed within minutes of major announcements tied to the 2026 U.S.-Iran conflict. The Department of Justice (DOJ) has joined the Commodity Futures Trading Commission (CFTC) in a widening inquiry into potential misuse of material non-public information in one of the most liquid and geopolitically sensitive commodity markets on earth, ABC News reports.
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