US DoJ investigating a series of suspiciously timed trades in the oil market just ahead of major announcements by President Trump about the war against Iran, via ABC citing sources
The investigation by the DoJ into suspicious trades preceding significant announcements about the Iran conflict suggests potential market manipulation, which could lead to heightened volatility in oil and related assets.
W.W. Grainger Inc. (GWW) Q1 2026 (USD): EPS 11.65 (exp. 10.21), Revenue 4.74bln (exp. 4.58bln)
Pakistani sources said US President has demanded Iran's "immediate response" to Washington's peace proposal, and that Tehran will probably provide this response today through Islamabad, Tasnim reports citing Al Arabiya sources
US DoJ investigating a series of suspiciously timed trades in the oil market just ahead of major announcements by President Trump about the war against Iran, via ABC citing sources
Citi (C) aims for a medium-term return on common equity of 14-15% by 2029-31 and 10-11% return on tangible common equity by 2026, investor day
PRIMER - Today’s Fedspeak includes Daly, Kashkari, Hammack, Williams
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- The DoJ, along with the Commodity Futures Trading Commission, is probing at least four of these trades where traders made a total of more than USD 2.6bln betting that oil prices would drop right before they did.
This scrutiny may create unease among traders, influencing oil prices and impacting broader market sentiment regarding geopolitical risk in the energy sector.
Related headlines
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks8 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs9 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies11 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging7 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 11 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates4 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL12 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes5 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week4 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20306 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 20261 hour ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)6 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war4 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes27 min ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)7 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd10 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 5 TICKS LOWER AT 107-1012 hours ago
- CPC oil terminal on the Black Sea was reportedly attacked by drones overnight31 min ago
- Stocks of crude oil in the US SPR fell by about 1.2mln barrels to 285.4mln barrels last week, lowest since 198215 hours ago
- Doubleline's Gundlach says investors should avoid 30-year bonds globally and that US yields will continue to rise, adds Fed policy rate should be raised by 50bps and notes the US two-year yield is not tracking the Fed Funds Rate10 hours ago
The whole workspace, free to try.
Try it free