A $500 million oil futures trade has ignited concerns about potential insider trading within the White House. The trade, placed minutes before a March 23 announcement by former President Donald Trump regarding delayed action on Iran's energy sector, coincided with a 15% drop in oil prices. Regulatory scrutiny is intensifying as lawmakers question whether confidential government information was exploited for profit.

Prediction markets are also under scrutiny after traders reportedly netted nearly $1 million by accurately forecasting the timing of potential US military action against Iran. This has prompted calls for stricter oversight of platforms where users wager on real-world events.

Congress is now advancing new regulations to prevent government officials from participating in such markets, aiming to curb the misuse of sensitive information for financial gain.