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Unknown traders made a fortune shorting oil 15 minutes before Trump reversed Iran threat

Ellsworth Toohey
Mar 25, 2026
∙ Paid

Oil pump (Xiangli Li/shutterstock.com)

Between 10:49 and 10:50 AM GMT on Tuesday, 734 oil futures contracts changed hands. In the next 60 seconds, that number surged to 2,168 — 16 times the average volume for the day. Bloomberg estimated the value of contracts traded in that opening minute at $650 million. Fifteen minutes later, at 11:05 GMT, Trump poste…

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