Claims of $920 Million Oil Short Surface as Trump Says Iran Deal Near
Unverified claims surfaced that roughly $920 million of crude-oil short positions were opened about 70 minutes before Axios reported the US and Iran were closing in on a one-page memorandum, adding a new angle to the geopolitical selloff in energy markets. The claims said crude fell more than 12% after the headline and that the position would have generated about $125 million in profit before prices later rebounded about 8% after Iran announced a "Persian Gulf Strait Authority."
The volatility followed an earlier slide that pushed Brent crude below $100 a barrel on optimism over a diplomatic breakthrough with Tehran. Trump later said "very positive negotiations" had taken place over the last 24 hours, that Iran had agreed to "no nuclear weapons," and that a deal was close to being finalized. He had already paused Project Freedom, the US effort to move ships through the Strait of Hormuz, while keeping the broader blockade in force.
From the sources (25 posts)
@centcomU.S. Navy guided-missile destroyers are currently operating in the Arabian Gulf after transiting the Strait of Hormuz in support of Project Freedom. American forces are actively assisting efforts to restore transit for commercial shipping.
@centcomAdm. Brad Cooper, CENTCOM commander, flew over regional waters in and near the Strait of Hormuz in an AH-64 Apache helicopter, May 3, on the eve of U.S. military support for Project Freedom. He interacted with U.S. Army Soldiers after visit
@sentdefenderU.S. Central Command (CENTCOM) has announced that 2 U.S.-flagged merchant vessels that have been trapped in the Persian Gulf since the beginning of Operation Epic Fury on February 28th have transited the Strait of Hormuz outbound and are on
@sentdefenderAccording to Axios, a U.S. official has said that U.S. forces will destroy any Iranian boats and missiles attempting to attack shipping in the Strait of Hormuz.
@mossadilA U.S. official said the rules of engagement for U.S. forces in the region have been changed and they were authorized to strike immediate threats against ships that cross the strait, like IRGC fast boats or Iranian missile positions
@willchamberlainRT @CENTCOM: U.S. Navy guided-missile destroyers are currently operating in the Arabian Gulf after transiting the Strait of Hormuz in suppo…
@clashreportBIG: U.S. official says the rules of engagement for U.S. forces in the region have been changed, and they were authorized to strike immediate threats against ships that cross the strait, like IRGC fast boats or Iranian missile positions. S
@mercoglianosRT @CENTCOM: U.S. Navy guided-missile destroyers are currently operating in the Arabian Gulf after transiting the Strait of Hormuz in suppo…
@faytuksnetworkA U.S. official says rules of engagement in the region have been changed, authorizing immediate strikes against threats to ships crossing the Strait of Hormuz, including IRGC fast boats and Iranian missile positions - Axios
@defencegeekRT @Osinttechnical: The Trump-announced US mission to guide ships out of the Persian Gulf will not involve US Navy escorts -WSJ The US wil…
@sentdefenderAccording to Axios, the rules of engagement for U.S. forces operating in and around the Strait of Hormuz. Forces have been authorized to strike any immediate threats in the local region, including Iranian boats and missile positions. https:
@osint613CENTCOM: U.S. Navy guided-missile destroyers are currently operating in the Arabian Gulf after transiting the Strait of Hormuz in support of Project Freedom. American forces are actively assisting efforts to restore transit for commercial
@barakravid🚨A U.S. official said the rules of engagement for U.S. forces in the region have been changed and they were authorized to strike immediate threats against ships that cross the strait, like IRGC fast boats or Iranian missile positions
@ajenglishRT @AJENews: Axios reports, citing US officials, that US forces will destroy any missiles or speedboats launched by Iran in response to shi…
@polymarketJUST IN: CENTCOM announces the U.S. Navy has guided two U.S.-flagged tankers through the Strait of Hormuz this morning under “Project Freedom”
@iranobserver0⚡️BREAKING U.S. forces have been authorized to strike threats against ships that cross the Strait of Hormuz Like Iranian missile speedboats or Iranian missile positions - US official
@laurnormanRT @alexbward: President Trump did not announce an escort mission just now, US officials say. Project Freedom, earlier called the Maritime…
@osint613NEW 🔴 CENTCOM says two U.S.-flagged merchant vessels have safely transited the Strait of Hormuz.
@nexta_tvTensions rise again in the Strait of Hormuz: U.S. forces authorized to open fire to kill The United States has given its military the green light to strike Iranian boats, missile positions, and other targets if they interfere with shipping
@faytuksBreaking: 2 U.S.-flagged merchant vessels have successfully transited the Strait of Hormuz following the launch of 'Project Freedom', U.S. Central Command says
@marionawfal🚨 BREAKING: 🇺🇸🇮🇷 Project Freedom is underway. U.S. Navy guided-missile destroyers are now operating in the Arabian Gulf after transiting the Strait of Hormuz. - 2 U.S.-flagged merchant vessels have already transited the Strait safely - A
@ajenewsAxios reports, citing US officials, that US forces will destroy any missiles or speedboats launched by Iran in response to ships passing through the Strait of Hormuz. 🔴 More on
@me_observer_⭕️⚡️💠 Hebrew Channel 12: Citing a senior U.S. official: The rules of engagement for U.S. forces in the region have changed, and troops have been authorized to strike immediate threats against ships transiting the Strait of Hormuz, such as R
@faytuksThe rules of engagement for U.S. forces in the region have been changed and they were authorized to strike immediate threats against ships that cross the strait, like IRGC fast boats or Iranian missile positions -Axios
@iranintl_enThe rules of engagement for US forces in the region have been changed and they were authorized to strike immediate threats against ships that cross the Strait of Hormuz, such as IRGC fast boats or Iranian missile positions, Axios reported o