CFTC probes oil futures trades tied to Trump's moves in Iran: Report
Burns Brief
The CFTC is investigating trades that took place before the US delayed strikes on Iranian energy infrastructure on March 23 and agreed to a ceasefire with Iran on April 7 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The CFTC is investigating trades that took place before the US delayed strikes on Iranian energy infrastructure on March 23 and agreed to a ceasefire with Iran on April 7.
Key Takeaways
- The CFTC is investigating trades that took place before the US delayed strikes on Iranian energy infrastructure on March 23 and agreed to a ceasefire with Iran on April 7