American media: Regulatory agencies are investigating suspicious oil futures trading during the Iran conflict.

Multiple US media outlets reported on the 15th that the US Commodity Futures Trading Commission is investigating a series of suspected insider trading in the oil futures market, which occurred before President Trump announced a major policy shift related to the conflict with Iran. Bloomberg quoted anonymous sources as saying that the CFTC's investigation is focusing on oil futures contract trading on the Chicago Mercantile Exchange and the Intercontinental Exchange platforms in London. Currently, investigators are reviewing at least two oil futures trades that occurred on March 23 and April 7 respectively, and have requested information such as trading account identities from the two exchanges. According to reports, oil futures trading suddenly spiked on March 23 when Trump announced a delay in attacking Iranian energy infrastructure, and again on April 7 when he announced a two-week ceasefire, leading to significant price fluctuations. Democratic Senator Elizabeth Warren of the Senate Banking Committee stated in a release that these suspicious oil futures trades appear to be cases of market manipulation by insiders, and regulatory agencies should do more to investigate insider trading by Trump administration officials. Reuters reported that CFTC chairman Michael Sellig stated that anyone engaged in fraud, manipulation, or insider trading in the market will face legal punishment.