CFTC Probes Oil Trades Linked to Trump Iran Policy Shifts

The CFTC is investigating oil trades made shortly before policy shifts related to the war in Iran. Officials are checking for potential government data leaks.

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The United States Commodity Futures Trading Commission (CFTC) is investigating a series of West Texas Oil futures trades that were placed shortly before major policy shifts by President Donald Trump related to the conflict in Iran. According to a person familiar with the matter, the federal probe is focused on the trading of oil futures contracts on platforms belonging to CME GROUP INC and INTERCONTINENTAL EXCHANGE IN.

U.S. President Donald Trump looks on after disembarking Air Force One at Joint Base Andrews in Maryland on April 12, 2026. REUTERS/Kevin Lamarque
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