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By News Desk

TEHRAN / WASHINGTON — Iranian Foreign Minister Abbas Araghchi has publicly accused Trump administration insiders and Israeli-aligned figures of manipulating global energy markets for personal financial gain, pointing to reports of $9 billion in speculative profits linked to war negotiations.

The allegations follow investigative findings published by Drop Site News, which uncovered high-volume, suspiciously timed energy trades tied to U.S. presidential envoys Jared Kushner and Steve Witkoff.

Tehran Targets Market Speculation and Media Narratives

In a formal statement published on Saturday, August 29, 2026, Araghchi outlined intelligence indicating coordinated market manipulation designed to prolong regional conflict:

• Rosy Assessments and Market Drives: Araghchi stated that actors aligned with Israeli interests are intentionally circulating optimistic media reports to influence global oil prices, distort market forecasts, and prolong hostilities.
• Impact on U.S. Consumers: The foreign minister warned that while political insiders profit from fluctuating energy futures, American households are bearing the real financial burden at the pump.
• $9 Billion Profit Window: Negotiators highlighted investigative data alleging that figures with non-public access to diplomatic schedules reaped up to $9 billion in energy market gains through strategic trades timed around war developments and ceasefire announcements.

White House Denials and Financial Disclosures

The allegations arrive alongside heightened scrutiny over recent financial disclosures from the White House showing extensive energy stock transactions:

• Ethics Filings Disclosures: Documents filed with the U.S. Office of Government Ethics revealed over 1,000 recent stock trades involving President Donald Trump, including positions in oil majors such as ExxonMobil, Chevron, ConocoPhillips, and defense contractors.
• White House Response: Administration spokespersons firmly dismissed allegations of insider trading, asserting that all executive portfolios are managed independently by third-party financial institutions without direct input from the President or his envoys.
• Congressional Pushback: U.S. lawmakers have called for formal congressional probes, alleging that key administration officials have timed personal market trades directly around executive decisions and diplomatic actions in the Middle East.