US Intervention In Oil Futures Would Be 'Biblical Disaster', CME Warns

US Intervention In Oil Futures Would Be 'Biblical Disaster', CME Warns - FT

0 min read Updated on 13 Mar 2026, 02:03 PM

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Radhika SScanX News Team

AI Summary

CME Group has strongly cautioned against potential U.S. government intervention in oil futures markets, describing it as a 'biblical disaster' according to Financial Times reporting. The warning reflects significant industry concerns about government interference affecting market stability, trading operations, and participant confidence in the derivatives market.

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CME Group has issued a stark warning about potential U.S. government intervention in oil futures markets, describing such action as a "biblical disaster" according to the Financial Times. The warning from one of the world's largest derivatives exchanges underscores growing concerns within the financial industry about government interference in commodity trading.

Market Intervention Concerns

The CME's warning highlights the exchange's position on government involvement in oil futures trading. According to the Financial Times report, the exchange views potential U.S. intervention as highly problematic for market functioning and stability.

Concern Area:	Impact
Market Stability:	Potential disruption to trading mechanisms
Regulatory Overreach:	Government interference in market operations
Trader Confidence:	Reduced market participant trust

Industry Implications

The statement reflects broader tensions between market participants and regulatory authorities over the appropriate level of government involvement in financial markets. CME Group's strong language suggests significant concern about the potential impact of such intervention on market operations and trader confidence.

The warning comes as debates continue over the role of government oversight in commodity markets, particularly in the energy sector where price volatility can have widespread economic implications.

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Trump Emphasizes Need to Complete Iran Objectives, Cites Oil Price Stabilization

0 min read Updated on 12 Mar 2026, 02:42 AM

Reviewed by

Radhika SScanX News Team

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President Trump has declared that the U.S. must "finish the job" in Iran and avoid early withdrawal from current engagement. The President specifically highlighted oil price stabilization as a crucial factor driving this policy position, indicating that energy market considerations are central to the administration's Iran strategy.

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President Trump has emphasized the importance of completing current U.S. objectives regarding Iran, stating that America must "finish the job" and avoid an early withdrawal from its engagement in the region.

Policy Position on Iran

The President's remarks highlight his administration's commitment to seeing through its Iran-related initiatives. Trump specifically indicated that the United States does not want to leave early, suggesting a sustained approach to the current policy framework.

Oil Market Considerations

A central element of Trump's statement was the emphasis on oil price stabilization. The President cited the need to stabilize oil prices as a key factor influencing the U.S. position on Iran, indicating that energy market considerations are playing a significant role in policy decisions.

The connection between Iran policy and oil price stability reflects the broader economic implications of U.S. engagement in the region, particularly given Iran's position as a major oil producer in the global energy market.