Rep. Ritchie Torres Calls on CFTC to Investigate $760 Million Oil Futures Trade Placed Minutes Before Iran’s Strait of Hormuz Announcement

This press release from Representative Ritchie Torres (D-NY) was published on 2026-04-20 and titled "Rep. Ritchie Torres Calls on CFTC to Investigate $760 Million Oil Futures Trade Placed Minutes Before Iran’s Strai". It focuses on taxes and touches on foreign policy.

Rep. Ritchie Torres Calls on CFTC to Investigate $760 Million Oil Futures Trade Placed Minutes Before Iran’s Strait of Hormuz Announcement

WASHINGTON, D.C. — Late Friday afternoon, Congressman Ritchie Torres (NY-15) sent a letter to Commodity Futures Trading Commission Chairman Michael Selig demanding the agency expand its ongoing investigation into suspicious oil futures trading to include a $760 million bet on falling oil prices placed approximately twenty minutes before Iran’s foreign minister publicly announced that the […] The post Rep. Ritchie Torres Calls on CFTC to Investigate $760 Million Oil Futures Trade Placed Minutes Before Iran’s Strait of Hormuz Announcement appeared first on Torres .