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15 minutes before Trump announced the ceasefire, traders bet $430 million on falling oil prices

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ME News message: On April 22 (UTC+8), according to Jin10 Data, 15 minutes before U.S. President Trump said he would extend the ceasefire agreement with Iran, traders placed a $430 million bet that oil prices would fall. This is the third time this month, and the fourth time since the conflict began, that traders made large-scale and precise predictive bets on oil prices shortly before major announcements related to the Iran war. The bet in March was worth $500 million, while in April the total amount of bets reached approximately $2.1 billion. On March 23, 15 minutes before Trump announced that he would postpone an attack on Iran’s power facilities, traders made a $500 million bet that oil prices would fall. A few hours before Trump announced a two-week ceasefire agreement on April 7, bets worth $950 million were executed. On April 17, about 20 minutes before Iran’s Foreign Minister announced that the Strait of Hormuz would be opened to commercial ships, traders placed a $760 million bet that oil prices would fall. (Source: PANews)
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