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Are insider traders making millions from the Iran war?

The BBC has found significant spikes in activity shortly before the US president made some announcements.

Published April 20, 2026, 12:14 PM
Updated May 11, 2026, 7:46 PM3.0K
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Are insider traders making millions from the Iran war?

Traders have been betting millions of dollars shortly before US President Donald Trump makes big announcements throughout his second term.

And communications relating to the Iran war are no exception.

The BBC has looked into trade volume data that suggests several large bets were made shortly before Trump made market-moving statements.

Nick Marsh has this analysis.

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