Like 'Deep Throat' Said: "Follow the Money..."
Fifteen minutes before Trump's Iran bombshell, billions flooded into a mystery oil bet - now the hunt is on for who knew.
Just minutes before Donald Trump announced a temporary pause on strikes targeting Iran's energy sites, billions of dollars starting flowing through the oil market.
Contracts for at least six million barrels of Brent and West Texas Intermediate crude were sold at around 6.50am on Monday - roughly ten times the daily average.
At 7.05am, President Trump dropped a bombshell on global markets as he said the US wanted to negotiate with Iran.
Oil prices dropped sharply, around 14 percent in a matter of minutes, and money flowed into the pockets of the early traders.
It's not the first time that outsize bets have rippled across the markets since Trump took office: everything from Bitcoin to stock‑index futures options have made traders buckets of cash, with prediction sites making profiteering even more accessible.
But the prospect that insider traders are potentially making money on highly classified secrets from the heart of the Oval Office during the Iran war poses a far more glaring security and ethical question.
https://www.dailymail.co.uk/news/article-15679493/Fifteen-minutes-Trumps-Iran-bombshell-billions-flooded-mystery-oil-bet-hunt-knew.html
Just minutes before Donald Trump announced a temporary pause on strikes targeting Iran's energy sites, billions of dollars starting flowing through the oil market.
Contracts for at least six million barrels of Brent and West Texas Intermediate crude were sold at around 6.50am on Monday - roughly ten times the daily average.
At 7.05am, President Trump dropped a bombshell on global markets as he said the US wanted to negotiate with Iran.
Oil prices dropped sharply, around 14 percent in a matter of minutes, and money flowed into the pockets of the early traders.
It's not the first time that outsize bets have rippled across the markets since Trump took office: everything from Bitcoin to stock‑index futures options have made traders buckets of cash, with prediction sites making profiteering even more accessible.
But the prospect that insider traders are potentially making money on highly classified secrets from the heart of the Oval Office during the Iran war poses a far more glaring security and ethical question.
https://www.dailymail.co.uk/news/article-15679493/Fifteen-minutes-Trumps-Iran-bombshell-billions-flooded-mystery-oil-bet-hunt-knew.html
36-40, F
