About 15 minutes before Trump tweeted that the Iran negotiations were “productive,” traders had placed bets on roughly $580 million worth of crude oil-related positions. On the eve of the news, about 6,200 lots of Brent and WTI crude oil contracts were traded; after the news was released, oil prices fell sharply and stock markets jumped. This timing has raised questions about possible insider information, but there is currently no evidence, and relevant officials have denied any wrongdoing.
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