> The trading in question was eye-popping. In a two-minute window starting at 6:49 a.m. in New York on March 23, traders sold contracts equivalent to at least 6 million barrels of Brent and West Texas Intermediate, more than 8.5 times the volume that had changed hands that time in the morning over the prior week. A similar increase in activity was observed in futures tied to the S&P 500, with contracts worth more than $2 billion in notional value traded — far more than would be expected in an otherwise quiet premarket session. Unusual volumes were also visible in natural gas and other futures markets.
> Those trades paid off 15 minutes or so later, when Trump wrote on Truth Social that he was reversing his threat to attack Iranian infrastructure unless the country re-opened the Strait of Hormuz.
Likely the entire purpose of the war is to create opportunities for corruption in my opinion.