The Commodity Futures Trading Commission is investigating suspicious oil futures
trades placed before recent policy shifts by Donald Trump on Iran, according to
people familiar with the matter. The probe targets activity on CME Group and
Intercontinental Exchange platforms, where volumes surged shortly before key
announcements. Data requests include trader identifications. The scrutiny
follows trades ahead of March 23 and April 7 announcements that moved crude and
gas prices sharply. U.S. officials and lawmakers have raised concerns about
potential misuse of material non-public information tied to policy developments.
