Traders place $760 million bet on falling oil ahead of Hormuz announcement

April 17, 2026

Just ahead of pivotal updates concerning the Strait of Hormuz and Iran, lucrative oil trades totaling millions were executed, raising eyebrows among U.S. officials. Such timely trades have prompted a thorough investigation into several oil futures transactions made right before key policy changes, with the U.S. Commodity Futures Trading Commission now scrutinizing the details of these deals.

More To Explore

KEI Industries shares surge 7% after Q1FY27 profit jumps 40%, revenue rises 23%

Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274

August 4, 2026

GE Shipping shares rally 9% as Q1 net profit surges 160% YoY, revenue up 67%

GE Shipping shares rallied sharply on Tuesday after the company reported a 160% year-on-year jump in Q1FY27 net profit and a 67% rise in revenue.

August 4, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003