“15 minutes before Trump announced that the U.S. would postpone strikes against Iran’s energy infrastructure, the volume of stock market trades mysteriously spiked and the price of oil just as mysteriously plunged."

~ Robert Reich

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/1

https://robertreich.substack.com/p/trading-on-trump

Trump’s Graft, Insider’s Grift

There’s a word for this, and it’s not pretty

Robert Reich

Yet at that time — 15 minutes before Trump’s announcement — there were no public indications that any serious talks had been taking place between the U.S. and Iran.

So this huge spike in stock market trades and drop in oil futures must have been made by someone, or some people, who had prior knowledge of Trump’s announcement.”

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/2

"This morning, economist Paul Krugman came right out and said it: 'People close to Trump are trading based on national secrets.' Another word for that, he said, is 'treason.'”

~ Heather Cox Richardson

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/3

https://heathercoxrichardson.substack.com/p/march-24-2026

March 24, 2026

This morning, economist Paul Krugman came right out and said it: “People close to Trump are trading based on national secrets.” Another word for that, he said, is “treason.” The evidence for such a claim is the sudden and isolated jump in trading volume in S&P 500 and oil futures about 15 minutes before Trump suddenly announced that the U.S.

Letters from an American

"The evidence for such a claim is the sudden and isolated jump in trading volume in S&P 500 and oil futures about 15 minutes before Trump suddenly announced that the U.S. and Iran were in negotiations to end the war—an announcement that turned out to be false."

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/4

"The oil futures trade alone was worth about $580 million, the Financial Times estimated. As Krugman notes, exploiting confidential information for financial gain, otherwise known as 'insider trading,' is illegal. But exploiting confidential information about national security for private financial gain is something else again. It puts profit-making above Americans’ safety."

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/5

"iI’d very much like to know exactly who was making those trades yesterday morning,' Krugman wrote. 'Were they people directly in the know, or billionaires/traders who paid people in the know for tips?'”

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/6

“'We’ve not seen anything like this — there’s been no disruption of this scale in the past. It’s every oil analyst’s study piece or worst nightmare — one that we never thought would happen.'—Gareth Ramsay, chief economist for BP, on the Iran war’s impact on energy markets"

~ David Kurtz

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #StockMarket
/7

https://morningmemo.talkingpointsmemo.com/p/minnesota-sues-feds-for-evidence

Minnesota Sues Feds for Evidence in Operation Metro Surge Shootings

INSIDE: Renee Good ... Alex Pretti ... Pete Hegseth

Morning Memo

"The war that Israel and the United States launched in the Persian Gulf has already led to what some analysts say is the largest disruption of energy supplies in decades. Unless a resolution is found, the impact is likely to grow. 'We’re already in a very serious scenario, but there is still scope for it to get worse,' said Richard Bronze, head of geopolitics at Energy Aspects, a London-based market research firm."

~ Stanley Reed

#Trump #Iran #war #oil #gas #energy
/8

https://www.thenation.com/article/world/persian-gulf-war-oil-prices-strait-hormuz-energy-crisis/

"Whatever else the Iran War does, the energy and economic crisis Trump created will result in a remapping of the world, with results that are largely unforeseeable. One thing is certain, though: the Iran War has killed the American order created in the wake of the Second World War."

~ Marcy Wheeler

#Trump #Iran #war #oil #gas #energy
/9

https://emptywheel.net/2026/03/25/americas-bookend-wars-for-oil/

America's Bookend Wars for Oil - emptywheel

In 2002, when Dick Cheney launched a war for oil, we could have had the alternate: democracy and renewables. In 2026, as Trump expands another war for oil, the US will have something far worse.

emptywheel

"The energy/economic crisis Trump created will result in widespread unrest around the world. ...

In 2000, the US hegemon could have had renewables and democracy. In 2026, Trump’s failures may deliver renewables and autocracy. Or, it may deliver a period so unstable that something new will result.

But whatever it delivers, the US will no longer be in the driver’s seat."

#Trump #Iran #war #oil #gas #energy
/10

@wdlindsy
#PutinsPuppet on track to destroy the U.S.-led world order (and ultimately, the environment) … makes the Manchurian Candidate look quaint.
@wdlindsy I would imagine that their name starts with a 'T' and rhymes with "rump".
@wdlindsy The real treason is taking foreign policy decisions *in order to* make bank.
@wdlindsy
Lawrence O’Donnell frequently points out (esp when Trump calls it) that “treason” has a specific legal meaning. That meaning does not include “trading based on national secrets”. I’d think that “insider trading” would apply, though.

@Red_Shirt_no2 @wdlindsy treason does have a specific meaning

but I bet good prosecutors could make a very strong case that a president—tasked with upholding the laws of the land and protecting its citizens from all kinds of harm—who decides to risk the lives of those citizens and the sovereignty of their country in order to make his family and donors very rich, is in fact treasonous.

@Red_Shirt_no2 I'd think insider trading in the form of war profiteering, which sacrifices one's country for one's own personal gain, fits the definition.
@wdlindsy Can New York State prosecute this?