AFP: Suspicious Sell-Off in Oil Markets Sparks Allegations of "Insider Trading"

MetaMuskRat · 2026-03-29T13:35:16+00:00

It is reported that before Trump posted updates about US-Iran dialogue on social media, the oil market experienced a massive sell-off, sparking speculation about insider trading, although there is no evidence linking Trump to this. This type of trading could generate profits of tens of millions of dollars, similar to previous situations involving Iran and Venezuela events in the United States.

MetaMuskRat

2026-03-29 13:35:16

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People’s Finance News, March 29 - According to a report by AFP on the 27th, just a quarter of an hour before U.S. President Trump posted on social media about U.S.-Iran dialogue on the 23rd, there was a wave of selling in the oil market, which remarkably avoided a significant drop in oil prices, sparking speculation of “insider trading.” The report states that these “timely” trades are theoretically worth up to hundreds of millions of dollars. According to estimates from a market participant, these operations may have generated tens of millions of dollars in profit. However, the report also indicates that there is currently no evidence to suggest that Trump was in any way involved with these market operations. The Financial Times in the UK believes that such trading is “remarkably similar” to situations that occurred prior to U.S. attacks on Iran and Venezuela. Several hedge funds stated that this is one of many instances of large pre-trading that have occurred before major announcements from U.S. officials in recent months. (CCTV Finance)

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