Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
The U.S. Department of Justice is investigating a $2.6 billion oil deal related to the Iran war.
Golden Finance reported on May 7. According to ABC News, sources familiar with the matter say the U.S. Department of Justice is investigating a series of oil-market trades with suspicious timing, all of which occurred shortly before major announcements related to the Iran war. The U.S. Department of Justice and the U.S. Commodity Futures Trading Commission (CFTC) are investigating at least four related trades. Prior to the drop in oil prices, the traders collectively placed bets of more than $2.6 billion on going short crude oil. ABC News obtained data on these four trades from the London Stock Exchange Group (LSEG).
On March 23, fifteen minutes before Trump announced a delay in the planned attack on Iran’s electrical grid, traders bet more than $500 million that the oil price would fall. On April 7, a few hours before Trump announced a temporary ceasefire, traders bet $960 million on a price decline. On April 17, twenty minutes before Iran’s Foreign Minister Zarif posted that the Strait of Hormuz would remain open, traders bet $760 million on the oil price falling. On April 21, fifteen minutes before Trump announced an extension of the ceasefire, traders consecutively placed bets totaling $430 million that the oil price would fall.