Grand Theft Oil Futures

[applegrove]

Grand Theft Oil Futures

May 7, 2026 at 7:24 am EDT By Taegan Goddard 26 Comments

https://politicalwire.com/2026/05/07/grand-theft-oil-futures/

Paul Krugman: “At this point it’s almost routine: Almost every time Donald Trump makes a major announcement about the Iran War, that announcement is preceded — sometimes by only a few minutes — by huge and hugely profitable bets in the oil market…”

“What’s truly remarkable is that this keeps happening even though the pattern has become familiar. This tells us two things: The Trump administration is making no real effort to crack down on whoever is trading using inside information, and these inside traders are operating with a complete sense of impunity, assured that they can get away with it.”

“The stench of corruption is overwhelming.”

[bobalew]

1. I'll give you one guess who those insiders

would be....