@icetoad.eth
Today an Axios report claimed the US and Iran were near a deal. 70 minutes before hand (3:40 AM ET today) 10,000 contracts worth of crude oil shorts were taken without any major news. This is equivalent to ~$920 million in notional value, an unusually large trade for 3:40 AM ET.
By 7:00 AM ET, oil prices had fallen over -12% with these crude oil shorts gaining approximately +$125 million.
Minutes later, Iran launched the "Persian Gulf Strait Authority" and oil prices surged +8%.
Pure market manipulation.