Traders Profit from Iran Ceasefire Bets

0:00On April 23rd, traders dropped $430 million in bets on falling crude oil prices just 15 minutes before President Trump. Announced an indefinite extension to the Iran ceasefire. This hit the Brent Futures market between 7.54 pm and 7.56 pm GMT on Tuesday during low volume post-settlement hours. It's the third such perfectly time bet this month and the fourth overall since the conflict heated up. Back in March, one wager topped $500 million and April's plays have piled up to over $2.1 billion total, all betting. On oil drops, right before big policy reveals. Folks are buzzing about possible insider trading, with the U.S. probing trades for March 23rd in April 7th tied to Trump's shifts on Iran. White House staff got warnings last month against betting on non-public info, amid a boom in prediction markets like Polymarket and Kalshi wagering on. Everything from troop deployments to Trump's exact words.

1:01These massive sales, thousands of lots, barely nudged prices at first, dipping Brent from $100.91 to $100. 66 cents a barrel. But post announcement, it points to $96.83 before settling around $99.20. Regulators face heat from trading watchdogs demanding answers on these anomalies, raising big ethical red flags about oval office leaks fueling fat, profits during wartime tension.