Again, on April 17, 20 minutes before Iran's foreign minister announced that the Strait of Hormuz was open temporarily, traders bet $760 million that oil prices would fall. And then again On April 20, 15 minutes before President Trump announced he would extend the ceasefire, traders placed bets worth $430 million that prices would fall. and then they fell. So in at least four of these 11 times that this happened, we think that people with insider information made, we believe, $2.6 billion off of … (09:30–09:42)
CLAIM
Asserts that $430 million was bet on oil prices falling before a ceasefire announcement.
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