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Suspected insider trading again? Twenty minutes before the opening of the Hormuz Strait, a mysterious trader dumped $760 million in short positions, accurately shorting crude oil.

Suspected insider trading again? Twenty minutes before the opening of the Hormuz Strait, a mysterious trader dumped $760 million in short positions, accurately shorting crude oil.

``` A massive short position placed 20 minutes before the news release has once again brought the “mysterious trading” in the crude oil market into the spotlight. On April 17, about 20 minutes before the Iranian foreign minister announced a full reopening of the Strait of Hormuz to all commercial vessels,