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15 minutes before Trump announced the ceasefire, traders placed a $430 million bet on oil prices falling
ME News report, April 22 (UTC+8). According to Jintou Data, just 15 minutes before U.S. President Trump said he would extend the ceasefire agreement with Iran, traders placed bets totaling $430 million on oil prices falling. This marked the third such move this month and the fourth since the conflict began, with traders making large-scale and precise predictive wagers on oil prices shortly before major announcements related to the Iran war.
The bet made in March was worth $500 million, while the total bets placed in April reached approximately $2.1 billion. On March 23, just 15 minutes before Trump announced a delay in an attack on Iran’s 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 after Iran’s Foreign Minister announced that the Strait of Hormuz would be opened to commercial vessels, traders bet $760 million that oil prices would fall. (Source: PANews)