$950 Million Oil Bearish Bet Placed Before Trump Announced U.S.-Iran Ceasefire

The claim has two main parts. First, that a U.S. lawmaker asked the SEC and CFTC to investigate suspicious trades placed shortly before Trump’s March 23 post. This is directly supported by PANews and BlockBeats, both of which quote Rep. Ritchie Torres calling for a formal investigation of oil, energy, and stock futures trades just minutes before Trump’s March 23 post. CBS independently corroborates that there was an unusual spike in crude futures trading immediately before Trump’s Iran-related post and that experts found it suspicious enough to merit investigation. Second, the title’s assertion that a $950 million bearish oil bet was placed before Trump announced a U.S.-Iran ceasefire is supported by the Reuters-attributed Futu article and by BlockBeats, both describing roughly 8,600 crude futures contracts worth about $950 million sold less than three hours before the ceasefire announcement. However, because I did not fetch Reuters directly and the X post failed to fetch, confidence is medium rather than high. Overall, the available evidence supports the substance of the statement.