DOJ investigating $2.6 billion worth of oil bets placed just before Trump’s Iran war announcements, report says

NewsWorldAmericasUS politicsDOJ investigating $2.6 billion worth of oil bets placed just before Trump’s Iran war announcements, report saysMinutes before Trump said he would delay an attack on Iran in March, traders bet more than $500 million oil prices would fallAriana Baio Thursday 07 May 2026 17:38 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2972374","articleMeta":{"url":"https://www.independent.co.uk/news/world/americas/us-politics/iran-war-oil-bets-investigation-b2972374.html","title":"DOJ probing $2.6B worth of oil bets placed before Iran war announcements: report"}}CloseWhite House plays down oil price spike amid Iran warSign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inboxGet our free Inside Washington emailGet our free Inside Washington emailEmail*SIGN UPI would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice{"className":"sc-1ge0fwe-0","newsletterData":{"regSourceNewsletter":"NSC","regTitle":"Inside Washington","subscriptionGroup":"inside_washington","subscriptionGroupId":"af764e04-87eb-45e6-a84b-a7455ba70a1e","type":"inside_washington","pathPrefix":"/news/world/americas/us-politics","associatedAuthors":["Eric Garcia","John Bowden"],"title":"Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox","mobileTitle":"Get our free Inside Washington email","imageSrc":"https://static.independent.co.uk/static-assets/images/newsletters/insideWashington1_1.png","label":"I would like to receive morning headlines Monday - Friday plus breaking news alerts by email","newsletterKey":"receiveInsideWashingtonNews","regSourceSection":"US politics"},"isClimate":false}The Department of Justice and a f...