CFTC probes 6M-barrel oil selloff minutes before Trump Iran strike reversal

The CFTC is investigating a surge of oil futures selling equivalent to 6 million barrels in two minutes on March 23, just before President Trump backed away from threats to strike Iranian power plants. The probe suggests possible market manipulation or insider trading tied to policy shifts, though no findings have been announced. This matters as it could signal regulatory scrutiny of energy markets during geopolitical events and potential implications for market integrity.

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