April 8, 2026legislativecongressional oversightfinancial marketsforeign policyoversightmarketsiran conflict
Rep. Torres asks SEC and CFTC to investigate oil trades before Trump Iran pause
On April 8, 2026, Rep. Ritchie Torres asked the Securities and Exchange Commission and the Commodity Futures Trading Commission to investigate oil and equity futures trading before President Donald Trump's announcement delaying strikes on Iran. Torres cited Reuters reporting on more than $500 million in crude oil futures trades placed shortly before the announcement.