Before Trump’s announcement, there was speculation of Rs 5440 crore on oil, crude oil boom and stock market boom.

Donald Trump Iran Attack Postponement: US President Donald Trump’s decision to postpone the plan to attack Iran has created a stir in financial markets all over the world. A huge amount of speculation was seen in global markets just before the news of Donald Trump postponing the attack on Iran. Just 15 minutes before Trump’s post appeared on Truth Social, huge deals were made in oil and equities, which surprised experts. Due to this sudden change, there was a huge fall in the prices of crude oil while the global stock markets returned to their glory.

heavy betting game

When it came to postponing the attack after Trump’s 48-hour ultimatum to Iran, bets worth $580 million were placed in the market. In Indian currency, this amount is more than Rs 5440 crore which was imposed due to oil prices. According to the Financial Times, these deals were made just 15 minutes before Trump’s official social media post.

Fall in crude oil prices

As soon as Trump posted a 5-day postponement of plans to attack energy sites, oil prices crashed. There was a huge decline of up to 10% in the price of crude oil, which is a big thing for the global economy. There was heavy betting in about 6,200 contracts between 6:49 and 6:50 am New York time.

Tremendous surge in stock market

On one hand, while oil prices were crashing, on the other hand, a huge rise was seen in the stock markets around the world. Investors had already sensed that the postponement of the war would be positive for the markets and that is why there were bullish deals in shares. A post by the US President stopped the market’s fall and stock markets around the world rose.

Insider trading concerns

It is quite unusual for experts to see such large deals happening in such a short period of time without any major economic signals or data. The development has raised serious concerns of insider trading in global markets following a Financial Times report. At the moment it is not clear whether there was one player or several behind these deals, but the timing seems quite mysterious.

Also read: Dalal Street regained its glory, Nifty-Sensex made a big jump; Investors earned ₹8 lakh crore in a single day

Iran denied the claims

Contrary to Trump’s claims, Iran’s news agency Fars has completely termed it as ‘fake news’ It has been rejected. Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that there have been no direct talks of any kind with the US. Iran believes that such fake news has only been used to manipulate the oil and financial markets.