Rep. Torres asks CFTC to expand probe to $430 million ceasefire-extension trade

On April 22, 2026, Rep. Ritchie Torres asked CFTC Chair Michael Selig to expand the agency's oil futures investigation to include the roughly $430 million Brent crude trade placed before President Donald Trump announced an indefinite extension of the U.S.-Iran ceasefire. Torres linked the trade to earlier March 23, April 7 and April 17 trading episodes.