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

2026-06-23 17:55:03

Abstract generation in progress

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

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