Trump's Iran Announcements Precede Suspicious Oil Market Trades

Krugman documents a pattern where Trump's geopolitical moves on Iran consistently correlate with oil futures spikes occurring minutes beforehand. The timing suggests either coordinated information leakage from the administration or systematic market manipulation by insiders with advance knowledge of policy shifts. The distinction matters: this is not ambient volatility but predictable profit extraction from privileged access to consequential decisions. National security announcements become trading signals for those positioned to exploit them. The pattern erodes the line between policy communication and insider trading, and raises questions about who in Trump's orbit is profiting from the gap between knowledge and public disclosure.