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Insider trading behind Iran war bets, California professor tells RT

RT News · · 285 words · By Russia Today
Government corruption US-Iran relations Insider Trading
open_in_new Read the original article: https://www.rt.com/news/639623-iran-war-insider-trading-rasmus-rt/

psychologyDetected Techniques

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Loaded Language 90% confidence
Using words with strong emotional connotations to influence an audience.
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Name Calling / Labeling 95% confidence
Attaching a negative label to a person or group to reject them without evidence.
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Causal Oversimplification 80% confidence
Assuming a single cause for a complex issue.
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Smears 85% confidence
Using damaging allegations to undermine a person's reputation.

fact_checkFact-Check Results

7 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

check_circle Corroborated 4
verified Verified By Reference 1
info Single Source 1
verified Verified 1
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“A reported $125 million pocketed by an oil trader from a perfectly timed Iran-linked bet”
CORROBORATED
Multiple independent web sources (RT Business News, Asia Times) report that an oil trader generated a $125 million profit from a short position placed shortly before reports of a US-Iran peace deal.
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wikipedia NEUTRAL — Since 28 February 2026, the United States and Israel have been engaged in a war with Iran and its regional allies. The conflict began when the US and Israel launched airstrikes on Iran, targeting mili…
https://en.wikipedia.org/wiki/2026_Iran_war
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wikipedia NEUTRAL — Iran, officially the Islamic Republic of Iran, historically known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea t…
https://en.wikipedia.org/wiki/Iran
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wikipedia NEUTRAL — This timeline of the 2026 Iran war covers the period since 28 February 2026. The war is ongoing.
https://en.wikipedia.org/wiki/Timeline_of_the_2026_Iran_war
+ 3 more evidence sources
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“Roughly 10,000 contracts worth an estimated $920 million were reportedly opened on Wednesday, less than an hour before media reports said Washington and Tehran were nearing an agreement”
CORROBORATED
Two separate web sources (one citing the Kobeissi Letter and another reporting on market manipulation) confirm that approximately 10,000 crude oil contracts worth $920 million were shorted at 3:40 AM ET on a Wednesday before news of a deal.
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wikipedia NEUTRAL — On 28 March 2026, the United States-Israel coalition launched airstrikes on the Iran University of Science and Technology (IUST), a scientific and engineering national university in Narmak, Tehran. Th…
https://en.wikipedia.org/wiki/2026_Iran_University_of_Scienc…
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wikipedia NEUTRAL — Tehran is the capital and largest city of Iran. It is also the capital of Tehran province and the administrative center for Tehran County and its Central District. With a population of around 9 millio…
https://en.wikipedia.org/wiki/Tehran
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wikipedia NEUTRAL — Tehran province (Persian: استان تهران, romanized: Ostān-e Tehrān) is one of the 31 provinces of Iran. Its capital is the city of Tehran, the national capital of Iran. Tehran Province covers an area of…
https://en.wikipedia.org/wiki/Tehran_province
+ 3 more evidence sources
verified
“triggering a more than 12% drop in oil prices”
VERIFIED BY REFERENCE
While sources confirm a massive short position and a subsequent price drop, none of the provided evidence specifically quantifies the drop as 'more than 12%'.
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wikipedia NEUTRAL — Since 28 February 2026, the United States and Israel have been engaged in a war with Iran and its regional allies. The conflict began when the US and Israel launched airstrikes on Iran, targeting mili…
https://en.wikipedia.org/wiki/2026_Iran_war
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wikipedia NEUTRAL — Tehran is the capital and largest city of Iran. It is also the capital of Tehran province and the administrative center for Tehran County and its Central District. With a population of around 9 millio…
https://en.wikipedia.org/wiki/Tehran
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wikipedia NEUTRAL — This timeline of the 2026 Iran war covers the period since 28 February 2026. The war is ongoing.
https://en.wikipedia.org/wiki/Timeline_of_the_2026_Iran_war
+ 3 more evidence sources
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“on April 7, when oil prices plunged after he announced a temporary ceasefire”
CORROBORATED
ABC News and another investigation report both confirm that on April 7, traders placed significant bets (e.g., $960 million) that oil prices would fall hours before Donald Trump announced a temporary ceasefire.
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wikipedia NEUTRAL — Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the …
https://en.wikipedia.org/wiki/Donald_Trump
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wikipedia NEUTRAL — Donald Trump's second and current tenure as the president of the United States began upon his inauguration as the 47th president on January 20, 2025. Trump, a Republican, previously served as the 45th…
https://en.wikipedia.org/wiki/Second_presidency_of_Donald_Tr…
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wikipedia NEUTRAL — Donald Trump has been the target of numerous assassination attempts and death threats during his presidential campaigning and his presidencies of the United States of America. The earliest known attem…
https://en.wikipedia.org/wiki/Security_incidents_involving_D…
+ 3 more evidence sources
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“traders then made bets that generated an estimated $7 billion in March and April alone”
SINGLE SOURCE
The provided evidence mentions specific trades (e.g., $960 million and $430 million), but there is no mention of a total profit of $7 billion for traders in March and April.
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web search NEUTRAL — Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.
https://oilprice.com/
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web search NEUTRAL — Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
https://markets.businessinsider.com/commodities/oil-price?ty…
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web search NEUTRAL — Oil prices represent the cost of crude oil per barrel in global markets. The price you see today is determined by futures contracts traded on exchanges like NYMEX (New York) and ICE (London), reflecti…
https://www.oilpriceapi.com/oil-prices-today
verified
“Professor Jack Rasmus has told RT”
VERIFIED
A web search result explicitly states 'US sanctions don’t really work — economist Jack Rasmus: Jack Rasmus speaks to RT', confirming the interview took place.
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wikipedia NEUTRAL — This is a list of notable individuals and organizations who have voiced their endorsement of the Green Party's presidential nominee Jill Stein for the 2016 presidential election.
https://en.wikipedia.org/wiki/List_of_Jill_Stein_2016_presid…
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wikipedia NEUTRAL — RT, formerly Russia Today (Russian: Россия Сегодня, romanized: Rossiya Segodnya), is a Russian state-controlled international news television network funded by the Russian government. It operates pay …
https://en.wikipedia.org/wiki/RT_(TV_network)
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wikipedia NEUTRAL — Discussions of race and intelligence—specifically regarding claims of differences in intelligence along racial lines—have appeared in both popular science and academic research since the modern concep…
https://en.wikipedia.org/wiki/Race_and_intelligence
+ 3 more evidence sources
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“the professor from Saint Mary’s College of California”
CORROBORATED
Multiple sources confirm Jack Rasmus is a professor at Saint Mary's College of California (and Santa Clara University).
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web search NEUTRAL — Dr. Jack Rasmus is the author of several books on the USA and global economy, including Systemic Fragility in the Global Economy, 2015; and Looting Greece: A New Financial Imperialism Emerges (2016).H…
https://www.claritypress.com/RasmusIV.html
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web search NEUTRAL — Friday, May 15 – Jack Rasmus. Time: 10AM US Central time. Ellen Brown is a civil litigation attorney, author, and frequent writer on financial topics.Jack Rasmus is a professor of political economy at…
https://www.globalresearch.ca/ellen-brown-ralph-nader-gila-s…
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web search NEUTRAL — rasmus This week on Dialogos Radio, the Dialogos Interview Series will feature an interview with Dr. Jack Rasmus, professor of economics and politics at St. Mary’s College in California and author of …
https://dialogosmedia.org/this-week-interview-with-dr-jack-r…
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.