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Trump Criticizes Pope Amid CFTC Oil Trade Investigation

4/16/2026

Summary

Story summary

On April 12, 2026, U.S. President Donald Trump criticized Pope Leo XIV for his stance on the U.S.-Israeli war on Iran.
The Commodity Futures Trading Commission is investigating unusual oil futures trades before Trump's announcement to pause attacks on Iran, with volumes surging prior to key announcements.
Senators Elizabeth Warren and Sheldon Whitehouse urged the CFTC to investigate potential misuse of nonpublic government information related to these trades.

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Story summary

On April 12, 2026, U.S. President Donald Trump criticized Pope Leo XIV for his stance on the U.S.-Israeli war on Iran.
The Commodity Futures Trading Commission is investigating unusual oil futures trades before Trump's announcement to pause attacks on Iran, with volumes surging prior to key announcements.
Senators Elizabeth Warren and Sheldon Whitehouse urged the CFTC to investigate potential misuse of nonpublic government information related to these trades.