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Axios reporter denies profiting from shorting crude oil using US-Iran news
Golden Finance reports that on May 7th, Axios reporters denied allegations of collusion between Axios and market insiders.
The accusations claim that before Axios published reports on the “U.S.-Iran Agreement” and the “14 Points Agreement,” short positions in crude oil had already been established on CME, and as oil prices plummeted due to these news, these positions profited significantly.