DOJ PROBES SUSPECTED OIL MARKET TRADING DURING PRICE SWINGS The U.S. Department of Justice is investigating potentially suspicious trading…
DOJ PROBES SUSPECTED OIL MARKET TRADING DURING PRICE SWINGS
The U.S. Department of Justice is investigating potentially suspicious trading linked to recent volatility in oil markets, according to sources familiar with the matter.
The probe, first reported by ABC News, follows Reuters’ earlier reporting on unusual trading activity.
Oil markets have been highly volatile amid the Iran conflict and disruptions in the Strait of Hormuz, which have tightened global supply and driven prices higher.
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