DOJ probes war-linked oil trades

The Department of Justice has launched an investigation into highly unusual oil market trades totaling $7 billion that took place immediately before major White House announcements on the Iran war.

The trades involved significant wagers that oil prices would decline, occurring just minutes before President Trump's public statements.

This timing has raised serious concerns regarding potential insider trading and the leakage of sensitive administration policy.

Regulators are now under pressure to increase their scrutiny of senior government officials and their associates as the financial impact of the war continues to ripple through global markets.