US CFTC probes oil trades more before Trump Iran policy pivots

The CFTC's investigation into oil trades, particularly in the context of potential shifts in Trump's Iran policy, signals increased scrutiny in the energy market.

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GOP Senator urges US Commerce Secretary Lutnick to shore up US chip supply in letter; Micron (MU), Samsung, and SK Hynix named

Iran announces the suspension of all petrochemical exports until further notice, reports Asharq News

US CFTC probes oil trades more before Trump Iran policy pivots

The Senate is expected to vote on Iran war powers at 14:00EDT, and expected to vote later on disapproving of arm sales to Israel, Politico reports

Morgan Stanley looks to sell at least USD 8bln in bonds, according to Bloomberg

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This could impact oil prices and related currencies, particularly those tied to energy exports or imports. Traders should watch for potential volatility as new regulations or findings may reshape the landscape for oil trading and geopolitics in the region.

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