Trump's ceasefire announcements with Iran were followed by significant drops in oil and gasoline futures, suggesting potential market manipulation.

Trump's March 23 ceasefire announcement triggered a decline in crude futures of as much as 15%, one of the largest intraday drops on record. The announcement also sent #gasoline & gasoil #futures down around 12%. On April 7, sell ⁠orders on #oil & ​gasoline prices worth $2.12 billion took place between 1944 & 1945 GMT, well after the market settled, a time when volumes are usually thin. ​MINUTES later, #Trump announced a 2-week ceasefire with #Iran. #MarketManipulation #law #IranWar

On April 17, nearly $2 billion in Brent, WTI, gasoil & #gasoline #futures were sold at 1224-1225 GMT, MINUTES before Iranian Foreign Minister Abbas Araqchi said #Hormuz would reopen, followed by multiple social media posts by #Trump & #US officials. On April 21, some $830 ​million worth of Brent & WTI contracts were sold just 15 minutes before Trump extended the ceasefire. #MarketManipulation #corruption #government #CFTC #SEC #law #TrumpsWar #IranWar #Iran #war #oil