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submitted 2 weeks ago by MicroWave@lemmy.world to c/news@lemmy.world

Surge in global betting on energy markets seen on Monday morning 15 minutes prior to Donald Trump’s Truth Social post announcing ‘productive’ talks with Iran

A surge in betting on global oil markets just 15 minutes before Donald Trump announced a temporary halt to his airstrikes on Iran this week has sparked claims of insider trading.

Trump said on his Truth Social platform at 7.05 a.m. Monday: “I am please [sic] to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”

Iran denied any such talks had taken place, branding them “fake news”.

But according to Bloomberg, at least 6 million barrels of Brent and West Texas Intermediate were suddenly sold between 6.49 a.m. and 6.51 a.m, raising suspicions that word of the president’s announcement was leaked in advance.

top 33 comments
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[-] bitjunkie@lemmy.world 38 points 2 weeks ago

"Concern". Fuck hand-wringing journalism.

[-] Witchfire@lemmy.world 28 points 2 weeks ago

A 20 year old who steals a pack of oranges is a "hardened criminal", but literal corruption in front of our eyes is "maybe concern, possibly"

[-] raman_klogius@ani.social 5 points 2 weeks ago

Literal corruption? Try a double front genocide.

[-] CannonFodder@lemmy.world 22 points 2 weeks ago

Who plays a game that's obviously rigged against them? Just pull out of American markets. All of them.

[-] wheezy@lemmy.ml 6 points 2 weeks ago

I mean if the American markets crash no market is safe. Money is more fake than it ever has been.

[-] sigmaklimgrindset@sopuli.xyz 3 points 2 weeks ago

Time to go back to trading pelts.

[-] ultrafastsloth@lemmy.world 1 points 2 weeks ago

I will trade 1 cask of beer and 10 potatoes for pelts from a billionaire

[-] baitu@jlai.lu 6 points 2 weeks ago

It's the most juicy market, that's why people continue to invest on it but I noticed more investments on the european market since US became untrustworthy

[-] UnderpantsWeevil@lemmy.world 0 points 2 weeks ago

I live here. Can't exactly boycott my own backyard

[-] sensualsunset@lemmy.world 3 points 2 weeks ago* (last edited 2 weeks ago)

Join a credit union, shop local. just keep it out of the banks and in the hands of your comrades. Sorry about your tax dollars though :(

[-] sigmaklimgrindset@sopuli.xyz 16 points 2 weeks ago

Futures trading is gonna fucking kill us all. More people have gone to jail over sports betting than market manipulation.

[-] MalReynolds@slrpnk.net 5 points 2 weeks ago

In a sane world it would be illegal, or just betting rather than trading (if there's a significant difference beyond the house being a more forgiving stock exchange).

[-] boonhet@sopuli.xyz 1 points 2 weeks ago

This is not particularly relevant to this discussion, but it reminds me of the guy on WSB who made a stupid bet on negative oil and almost had to take delivery of a bunch of crude lmao

[-] Fedizen@lemmy.world 1 points 2 weeks ago

The fact there isn't like a 1 day mandatory delay in making these kind of bets is why this bullshit keeps happening

[-] WesternInfidels@feddit.online 16 points 2 weeks ago

"Leaked in advance?"

What reason is there to think that it's not just him (or his family, trusted stooges, and other intermediaries) doing this deliberately for his own profit?

[-] MalReynolds@slrpnk.net 15 points 2 weeks ago

“Leaked in advance?” code for don't have the ovaries to say "insider trading".

[-] Hayduke@lemmy.world 11 points 2 weeks ago

“It’s a big club, and you ain’t in it.”

[-] melechric@lemmy.world 10 points 2 weeks ago

Anyone with more than sawdust between their ears knew he was going to do this. It's his modus operandi: cause chaos and watch the markets plummet - then buy cheap and reverse course. Markets recover, and he (and his cronies) profit!

[-] UnderpantsWeevil@lemmy.world 2 points 2 weeks ago

Except the markets have been bleeding out for months.

A falling tide sinks all ships

[-] phutatorius@lemmy.zip 1 points 2 weeks ago

A falling tide creates opportunities for short positions.

[-] DaddleDew@lemmy.world 7 points 2 weeks ago

Fucking called it. This is fraud. I really hope one day the US government justice system will finally do its job and send people to jail over this.

[-] givesomefucks@lemmy.world 6 points 2 weeks ago

The trick is not settling for geriatric neoliberals who won't stop talking about how fondly he remembers "the good old days" when Republicans and him smoked cigars, drank whiskey, and conspiracied to prolong school segregation...

Or about how nothing could every make him stop supporting a far right ethnistate currently committing genocide...

Like, most Americans want to hold these asshats accountable. The problem is prior DNCs were rigging primaries. The good news is the modern DNC isn't pulling that type of shit already, and we've been seeing the gains for a minute

[-] wheezy@lemmy.ml 5 points 2 weeks ago

I bought OILK when it dropped. Israel acting like a toddler and lashing out when it didn't get what it wanted was the most predictable thing ever.

Strait closed again.

[-] GuyFawkesV@lemmy.world 2 points 2 weeks ago

This is complete fucking bullshit. We’d better ex post facto the shit out of this corrupt administration.

[-] UnderpantsWeevil@lemmy.world 3 points 2 weeks ago

I've got Merrick Garland on the phone. He says actually there's nothing we can do. It's all perfectly legal and you're a criminal for going on TikTok to suggest otherwise

[-] kikutwo@lemmy.world 2 points 2 weeks ago

Oh no, strongly worded letter inbound!

[-] phutatorius@lemmy.zip 2 points 2 weeks ago

Hey, cool your jets. There's a process. It has to start with brow-furrowing.

[-] melsaskca@lemmy.ca 1 points 2 weeks ago

Now there is concern? A little late to the game. This happens weekly. I'm not even sure if the stock market is based on any sort of reality nowadays, after it's been so manipulated by trump and his cabal of opportunistic scoundrels.

[-] TwinTitans@lemmy.world 1 points 2 weeks ago

Of course it was. This guy measures the success of the country as a whole based off the fucking stock market. Its insanity.

[-] Bazell@lemmy.zip 3 points 2 weeks ago

More insane is the fact that he was choosen twice as a president of the USA. If voting process wasn't compromised in his favor, this raises a lot of questions about self awareness of the USA citizens.

[-] phutatorius@lemmy.zip 1 points 2 weeks ago

It was compromised, but the self-awareness of USians is also a major concern.

[-] phutatorius@lemmy.zip 1 points 2 weeks ago

Based on how he's doing in the stock market.

[-] Aceticon@lemmy.dbzer0.com 1 points 2 weeks ago* (last edited 2 weeks ago)

The returns for insiders of front-running Trump posts/speeches are way smaller than they would be if he didn't lie and flip-flop all the time: the market simply doesn't react anywhere as much to whatever Trump states than it would if he was honest and consistent, so the spikes up or down (and thus the gains from front-running his statements) are much lower.

this post was submitted on 08 Apr 2026
172 points (99.4% liked)

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