Suspicious oil trades before Hormuz announcement

A massive $760 million bet predicting a fall in oil prices was placed just 20 minutes before Iran's foreign minister and then President Trump announced the Strait of Hormuz was open for commercial shipping. The timing has ignited intense speculation about potential insider trading ahead of the market-moving geopolitical announcement. Since the conflict began, nearly every major announcement affecting oil markets has been shadowed by similar suspicions. The incident highlights the opaque intersection of high finance and sensitive state information.