Surge in oil trades before Trump announced Iran talks draws scrutiny – CBS News Watch CBS News A huge spike in oil futures trading minutes before President Trump announced talks with Iran is drawing suspicion about insider trading. Jill Schlesinger explains. Source link
Market watchers are concerned about potential insider trading due to an unusual surge in oil futures trading on Monday morning, just minutes before President Trump announced he would postpone power plant strikes in Iran. CBS News business analyst Jill Schlesinger joins with more. Source link
Financial markets experts are raising concerns about possible insider trading after an unusual spike in oil futures trading only minutes before President Trump announced talks with Iran on Truth Social. Mr. Trump’s announcement, which he posted on social media shortly after 7 a.m. EST on Monday, caused oil prices to tumble and the Dow Jones … Read more
A missile slammed into a street in central Tel Aviv as Iran kept up its barrages targeting Israel and Gulf Arab states on Tuesday, hours after President Trump said the U.S. was in talks with Tehran to end the war. Iran dismissed the claim of ongoing negotiations as “fakenews is used to manipulate the financial … Read more
A large explosion at a Valero oil refinery near the Texas Gulf coast Monday shot plumes of smoke into the air and forced some nearby residents to shelter in place. But Port Arthur Mayor Charlotte Moses told CBS News, “We had no fatalities and no injuries! Valero is working diligently to contain the fire and … Read more
PORT ARTHUR, Texas — A large explosion at an oil refinery near the Texas coast on Monday shot plumes of smoke into the air and forced nearby residents to shelter in place, according to officials. No one was injured in the explosion at the Valero refinery in Port Arthur, about 90 miles (145 kilometers) east … Read more
NEWYou can now listen to Fox News articles! President Donald Trump’s decision to delay a planned meeting with Chinese President Xi Jinping as the Iran conflict unfolds is raising a new question in Washington: whether pressure on global oil flows could factor into U.S. leverage with Beijing. The summit originally had been planned for March … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Major flood emergency prompts mass evacuations and rescues in Hawaii 01:51 Nuclear sites targeted across Middle East amid war with Iran 02:38 U.S. ramps up pressure on Cuba as Trump considers possible action 01:54 Good News: Officer’s daughter shows him … Read more
Oil prices soar as war with Iran continues – CBS News Watch CBS News The U.S. temporarily lifted sanctions on Iranian oil already at sea as oil prices soar amid the Middle East conflict. Source link
In a twist of wartime irony, the United States has moved to ease sanctions on Iranian oil to cool surging energy prices, a potential boon for Tehran as Washington scrambles to contain the economic shockwaves of its military campaign. Treasury Secretary Scott Bessent said Friday the easing of sanctions, first imposed after Iran’s 1979 revolution, … Read more