The White House sent an internal email to its staff, warning them against improperly using their positions to place bets in the futures market, Reuters and Bloomberg reported on Thursday. The email was sent on 24 March, a day after US President Donald Trump announced a brief pause in Iran strikes. The social media post sent crude prices tumbling 15% and equities soaring. The average for the same time period over the previous five trading days was about 700 lots or 700,000 barrels. However, there has been no evidence that White House officials were involved in such trading.

Source: Mint April 10, 2026 03:51 UTC