Story perspectives

Rep. Torres Calls for Investigation into Possible Insider Trading

4/9/2026

Summary

Story summary

U.S. Rep. Ritchie Torres (D-N.Y.) urged a federal investigation into suspicious oil and equity futures trading before U.S. President Donald Trump announced a five-day pause in attacks on Iran's energy infrastructure in March 2025.
He cited over $500 million in crude oil futures trades 15 minutes before the announcement, suggesting insider trading.
Torres criticized regulators and called for accountability.
He previously introduced legislation to prevent federal officials from trading on nonpublic information.

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Story summary

U.S. Rep. Ritchie Torres (D-N.Y.) urged a federal investigation into suspicious oil and equity futures trading before U.S. President Donald Trump announced a five-day pause in attacks on Iran's energy infrastructure in March 2025.
He cited over $500 million in crude oil futures trades 15 minutes before the announcement, suggesting insider trading.
Torres criticized regulators and called for accountability.
He previously introduced legislation to prevent federal officials from trading on nonpublic information.