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CME warns: If the U.S. government intervenes in the oil futures market, it will trigger an epic disaster
CME Group’s leadership warns that if the Trump administration attempts to manipulate the derivatives market to suppress oil prices during the conflict with Iran, it will face “catastrophic consequences.” CME CEO Terry Duffy stated that if the U.S. government tries to intervene in the futures market to curb the rise in crude oil prices, it will undermine market confidence.