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Are insider traders making millions from the Iran war?

BBC World Service· Apr 20, 2026· 24m 54s

The BBC has found a pattern of spikes in trades on financial markets ahead of public announcements by President Trump, including during the Iran war. It's raised suspicions of insider trading, where bets are made based on information that's not available to the general public. However, some argue that certain traders have become more adept at anticipating the president's interventions. Also: potential peace talks between the US and Iran have been thrown into doubt after American marines seized a

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Are insider traders making millions from the Iran war?

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  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24