Just a few hours before the announcement of the Iran-U.S. ceasefire, approximately $950 million worth of crude oil futures sell orders were placed, and oil prices subsequently plummeted.

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Deep Tide TechFlow news. On April 09, according to Reuters, in the hours before the Iran-U.S. ceasefire agreement was announced, investors concentrated selling of 8,600 lots of Brent and WTI crude oil futures at 19:45 GMT on Tuesday, totaling about $950 million in short positions. Soon afterward, at 22:30 GMT that evening, U.S. President Trump announced a two-week ceasefire agreement with Iran, and crude oil futures prices promptly plunged by about 15%, falling below $100 per barrel.

Of note is that such large transactions are typically distributed across multiple exchanges to avoid price impact, and this time a single massive order executed in a concentrated manner after settlement is extremely rare. This pattern mirrors similar operations from March 23—back then, investors sold off about $500 million worth of crude oil futures roughly 15 minutes before Trump announced the delay of strikes on Iran’s energy infrastructure, after which oil prices also fell sharply by 15%.

In response, Congressman Ritchie Torres has sent a letter to the SEC and the CFTC urging an investigation into the related “suspicious” trades.

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