Regulator investigating oil trades ahead of Iran announcements signals potential market manipulation probe.
Context
What happened: A top regulator said its enforcement division is investigating oil trades made before announcements about Iran, including trading around March 23.
Key numbers: Enforcement review has been underway since March 23, the date of a spike before Trump backed off Iran strike threats.
Why it matters: The probe focuses on trading activity tied to a market spike ahead of public announcements, putting pre-announcement oil trades under scrutiny.