Oil trader pockets reported $125 mn on suspiciously well-timed Iran bet – media

The alleged trade came shortly before reported progress toward US-Iran deal to end the war, raising suspicions of insider information

A massive crude oil bet placed shortly before reports of a possible US-Iran peace deal sent prices crashing and fueled suspicion of insider trading, after the position reportedly generated a $125 million profit in just over an hour.

According to market commentary platform the Kobeissi Letter, nearly...