Gate News message, on April 1, the U.S. Commodity Futures Trading Commission (CFTC) enforcement chief David Miller said on Tuesday that the agency is monitoring the crude oil futures market for any abnormal trading activity. When asked about the related trades, Miller said, “I can’t comment on what we are investigating or not investigating; I can only say that we are closely watching.” According to reports by foreign media, at around 7:05 a.m. on March 23, U.S. President Trump posted on a social platform about delaying strikes against Iran. In the brief period before that, crude oil futures trading volume rose sharply. According to exchange data compiled by the agency, within two minutes starting at 6:49 a.m. that day, financial contracts related to at least 6 million barrels of Brent crude oil and WTI crude oil were sold, while in the same time window over the prior five trading days, the average trading volume was only about 700 lots (equivalent to 700,000 barrels).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Economist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela
Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails.
Key
Coinpedia1h ago
U.S. Treasury Issues General License 135 Authorizing Russian Crude Oil Transactions Through May 17
The U.S. Treasury's OFAC issued General License 135, permitting specific Russian energy transactions impacted by sanctions, allowing necessary deliveries and repairs for cargo loaded before April 17, with a deadline for completion by May 17.
GateNews2h ago
Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services
Grinex, a sanctioned crypto-ruble exchange, has halted operations due to a cyberattack that stole over $13.74 million in USDT. The attack is believed to involve state-level actors aiming to destabilize Russia's financial system. Grinex is cooperating with law enforcement but has no timeline for resuming services.
Coinpedia2h ago
Iran and U.S. Drafting Memorandum of Understanding for Permanent Peace Framework
An Iranian official announced that Iran and the U.S. are drafting a memorandum of understanding for a permanent peace agreement, with negotiations set in Pakistan and a 60-day follow-up timeframe.
GateNews3h ago
Iran's Parliament Speaker Says Trump's 7 Statements Are 'Entirely False'
Iran's Parliament Speaker, Mohammad Baqer Qalibaf, claimed that all statements made by U.S. President Donald Trump within an hour are "entirely false," without detailing which statements he meant.
GateNews3h ago
Trump Says Naval Blockade on Iran Will Continue Until Deal Is Completed
President Trump announced on social media that the naval blockade on Iran will persist until a complete deal is finalized, emphasizing that negotiations are nearly done and should be concluded swiftly.
GateNews13h ago
