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Event Brief

DOJ probes suspicious oil trades timed around Iran war

The Justice Department is investigating oil trades worth about $2.6 billion tied to timing around Iran-war developments.
WHO: Justice Department
WHAT: Investigation of suspicious oil market trades
WHEN: May 7, 2026 at 5:51 PM ET
WHERE: USA
WHY: The investigation is triggered by suspicious oil trades timed around important moves related to the war with Iran.

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