economy
Insider trading behind Iran war bets, California professor tells RT
Professor Jack Rasmus tells RT that $7 billion in suspiciously timed Iran war oil trades point to insider trading with US government officials tipping off friends at commodities exchanges
TL;DR
- Professor Jack Rasmus claims a $125 million oil trade profit linked to Iran is just the 'tip of the iceberg'.
- He alleges a pattern of well-timed bets coinciding with major Iran war developments and Trump's statements.
- Rasmus suggests government officials are leaking information to 'friends' who profit from these trades.
- He estimates $7 billion in profits were made through this alleged operation in March and April.
- The professor believes commodity exchanges know the identity of those involved but are hesitant to act due to government involvement.