The US Commodity Futures Trading Commission is monitoring oil futures markets for unusual activity, Enforcement Director David Miller said, declining to confirm any investigation. Scrutiny follows a surge in trading ahead of a March 23 social media post by President Donald Trump about delaying strikes on Iran. Data show contracts tied to about 6 million barrels of Brent and WTI were sold within two minutes, far exceeding typical volumes of around 700,000 barrels.

2026-04-01

The US Commodity Futures Trading Commission is monitoring oil futures markets for unusual activity, Enforcement Director David Miller said, declining to confirm any investigation. Scrutiny follows a surge in trading ahead of a March 23 social media post by President Donald Trump about delaying strikes on Iran. Data show contracts tied to about 6 million barrels of Brent and WTI were sold within two minutes, far exceeding typical volumes of around 700,000 barrels.