TRUMP100 Was a $580 million oil trade before Trump’s announcement suspicious?
8 snips
Mar 25, 2026 
Ed Conway, economics and data editor who analyzes markets, unpacks a $580m oil trade placed minutes before Trump’s Iran announcement. He walks through the trade timing, market reactions and how unusual the spike was. They debate whether it was insider knowledge or an extraordinary coincidence and consider legal and political implications.
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Trump's Announcements Contradict Military Buildup
- Trump claimed Iran sent an oil-related 'present' and that regime change and a pact not to build nukes had been achieved, while simultaneously the Pentagon moved more troops.
- Hosts and Ed flag the contradiction between talk of talks and deploying more than 1,000 82nd Airborne troops.
US Claims Of Deals With Iran May Not Reflect Reality
- The US claims to be negotiating with unnamed Iranian figures, but US hosts point out no single Iranian actor can make binding commitments and Iran remains fragmented.
- David Blevins and Mark Stone caution Trump's assertions may reflect his view, not facts on the ground.
Sanctions Pause Boosted Russian Oil Revenues
- Temporary lifting of sanctions on oil has hugely benefited Russia, with Bloomberg estimating Kremlin oil export earnings near $270 million per day.
- David Blevins highlights Russia as a clear winner from the recent US actions on oil markets.