THIS IS ABSOLUTELY INSANE. Yesterday, nearly $1 billion worth of crude oil shorts were taken 35 minutes before Trump's announcement to call off strikes on Iran. At 2:25PM ET, nearly 10,830 contracts worth of crude oil shorts were taken, which is equivalent to $1B+ in notional value. At 3PM ET, President Trump posted on Truth Social that the US has held off its plan to attack Iran. After this, Oil dropped 3% within a few minutes, which means insiders made big profits again.
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