$920 million crude oil short placed 70 minutes before US-Iran 14-point deal report

[ForgoTheConsequence]

A massive crude oil short — nearly $920 million worth — was placed in near-total silence, at 3:40 a.m. ET, with no major news on the wires to justify it. Seventy minutes later, Axios published a bombshell: the United States and Iran were close to a 14-point memorandum of understanding to end their 67-day war. Oil prices crumbled. And whoever placed that crude oil short made an estimated $125 million in a matter of hours.

https://m.economictimes.com/news/international/us/why-did-oil-prices-crash-today-920-million-crude-oil-short-placed-70-minutes-before-us-iran-14-point-deal-report-was-someone-trading-on-inside-information/amp_articleshow/130859559.cms

[GusBob]

1. Dow up 525 at present

Weird huh?

[WSHazel]

2. The U.S. market will never recover from this Administration

The world will simply go somewhere else if they can’t trust our markets. This will cost America trillions in lost GDP.

[lostnfound]

6. The US was a prize worth winning for shock doctrine tacticians

Seems inconceivable that a shock could be inflicted on the US the way it was done to Argentina or Chile. They just nibbled around the edges, no cataclysm. But the pieces are lining up. Disorient, throw the public off balance, create shocks, reward cronies, destroy the safety net, weaken the currency.

[WarGamer]

3. Pretty obvious this comes from leaks on the Iranian side...

Of course it's popular to think it's US leaks... but my money is on Iranian leaks to make $$. the SEC has access to where and who made the big trades.

[Johnny2X2X]

4. Nah

This is one of Trump pals of even a family member who were told what was happening so they could clean up and kcik some back to Dim Don.

[WarGamer]

5. that's a popular thought from some...

But since it's so easily traceable and quite illegal... I doubt it. There will be a new DOJ in 3 years and they can still be charged

[WSHazel]

7. Who is going to trace it?

Trump is stealing in plain sight, and he can pardon anyone he wants, so what is the point of investigating this?

It would be a lot more difficult for Iranians to open up an account like this too, and the Axios leaks are always from the White House.