US regulator probes suspicious oil futures trades before Trump’s Iran policy shifts, raising insider trading risks and market volatility concerns.
Sources & Excerpts
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US Probes Suspicious Oil Trades Made Before Trump Pivots
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""‘There’s enormous appetite to pursue cases like this,’ said Brian Young, the former director of the CFTC’s enforcement division who’s now a partner at Jones Day. ‘After all, prices at the pump closely correlate to oil futures contracts, so we’re talking about American pocketbooks at stake here.’""