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Global News Podcast

Are insider traders making millions from the Iran war?

20 Apr 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: How are global markets reacting to geopolitical tensions?

0.031 - 30.828 Celia Hatton

Tämä ei ole kaalipata. Tämä on Paulus Arajuuren Kotiin paluu. Keitä vesi. Lisää liemikuutio, pilkottu sipuli ja riisi. Paista jauheliha ja mausta se. Sekoita pilkottu kaali jauhelihan kanssa. Kaada keitetty riisi ja liemi joukkoon. Kun kaali on pehmennyt, lisää pataan sulatejuusto. Elämä on ruokaa. S-Market.

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30.963 - 58.081 Celia Hatton

Oma varallisuus on elämämme henkilökohtaisimpia asioita. Kun se luottaa toisen hoidettavaksi, pitää sen olla henkilökohtaista myös hänelle. Me OP Privatella ymmärrämme tämän hyvin. Myös jokaisella meistä on oma taloutemme, jota huolellisesti vaalimme. Samalla sitoutumisella suhtaudumme myös sinun varojesi hoitoon. OP Private. Otamme varojesi hoidon henkilökohtaisesti. Tutustu palveluun op.fi kautta private. Varainhoidon tarjoaa Osuspankki tai OP Varainhoito O.

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63.059 - 85.553 Celia Hatton

This is the Global News Podcast from the BBC World Service. I'm Celia Hatton and at 1500 GMT on Monday, the 20th of April, these are our main stories. A BBC investigation has found that traders have repeatedly bet huge sums just before major announcements by President Trump, raising suspicions of insider trading.

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Chapter 2: What evidence suggests insider trading related to the Iran war?

85.553 - 106.124 Celia Hatton

We have the latest on the chances of peace talks between the United States and Iran to end the war. Iranians like to take as long as possible before they make what are really difficult political concessions. President Trump likes to take as little time as possible. And we'll hear how the fighting in the Middle East is affecting businesses in Kenya.

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106.124 - 122.982 Celia Hatton

Also in this podcast, an earthquake in Japan leads to a tsunami warning and evacuations and residents of burnt out tower blocks in Hong Kong return to see inside their destroyed homes.

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124.501 - 147.67 Celia Hatton

We begin with a BBC investigative story. Throughout Donald Trump's second term and particularly during the US-Israel war with Iran, we've seen how his words can impact the global economy. Now the BBC's found evidence of trading on financial markets spiking in the hours and sometimes minutes before the president's statements are made.

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147.67 - 166.621 Celia Hatton

Some analysts say it looks like illegal insider trading where bets are made based on information that is not available to the public. Others say the picture is more complicated. Our business reporter in Singapore, Nick Marsh, has been looking into this. I asked him for an example of when it's happened.

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167.11 - 195.798 Nick Marsh

Nine days into the war Donald Trump gives an interview to CBS News. I just spoke with President Trump a short time ago and he said that he thinks the war is very complete pretty much. So understandably the price of oil plummets because there's the prospect of the Strait of Hormuz completely reopening and world oil flows getting back to what they were. That statement was first reported on X.

195.798 - 216.217 Nick Marsh

Noin 16 minuuttia sitten maaliskuussa 9.5. 47 minuuttia ennen oli todella huomattava rauha öljypäätöksistä, jotka olivat sijaitseet miljoonaan ja miljoonaan dollariin. Se oli todennäköistä noin päivän aikana päivänä.

216.217 - 233.328 Nick Marsh

Nämä rahoittajat, jotka laittavat tätä rahaa öljylle, olisivat tehneet paljon rahaa sen jälkeen, jonka jälkeen on tehty strategia nimeltä short selling. Kun öljyprosentti mennään takaisin, he eivät todennäköisesti ole aikaa päästä siihen, mutta olen varma, että he olisivat tehneet paljon rahaa sen jälkeen.

233.328 - 260.935 Nick Marsh

So Nick, how did you find this information? Was it easy to find and is it the same traders placing these suspicious trades each time? Well look, this is publicly available information and there are other market analysts who have been pointing this out all throughout Donald Trump's presidency that there are unusual trade activities that have occurred. In terms of who placed these trades,

260.935 - 286.197 Nick Marsh

It's very difficult to know. The only people who know who placed these trades are the traders themselves, potentially anyone that supplied them with the information on which these trades were placed, and also, crucially, the US financial regulators. They do have the ability to investigate and find out who were placing these trades. I reached out to the CFTC, the Commodities Futures Trading Commission,

Chapter 3: What are the challenges for peace talks between the US and Iran?

858.952 - 885.968 Celia Hatton

They're still shaken by those weeks of war, shaken by the crackdown with lethal force in January, which killed tens of possibly tens of thousands of people. And they just want sanctions to be lifted. They want to get on their lives. They want to have something which could be approaching what we would all regard as a normal life, not constantly in a standoff with the West.

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886.559 - 910.943 Celia Hatton

Lise Doucette, reporting from Tehran. Staying with the war in Iran and the effects it's having far beyond the region. Countries in East Africa are now facing mounting economic pressure because of that conflict. There are disrupted trade routes, rising freight costs and fuel shortages. Kenya's tea estates and flower farms are just some of the businesses affected. Caleb Moggis reports from Nairobi.

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913.525 - 919.195 Celia Hatton

Vihreät vihreät vihreät jäävät säilyttämään säilyttämällä ennen exportointia.

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920.933 - 943.529 Celia Hatton

With ongoing conflict in the Middle East disrupting air and sea transport routes to key markets, Kenyan farmers and exporters are worried. The country's horticulture sector, which is worth over 800 million dollars annually, has been hit hard. Jay Hirani, sales manager at Prima Rosa Flowers, says his company is losing thousands of dollars per day.

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943.529 - 962.75 George Omuga

Suomessa sijoitamme paljon maista, kuten Saudi-Arabiaa, Qatarista, Kuwaitista, Omanista ja Irakista. Lopputuloksemme voivat olla noin 30 000-50 000 euroa päivässä, mikä on iso määrä, kun 80 % markkinoista on suomalaista.

965.703 - 977.988 Celia Hatton

Kenia's tea sector is also feeling the pressure. The country is reporting weekly losses of up to 1.4 million dollars from tea export since the US-Israel war on Iran began.

978.916 - 996.736 Celia Hatton

Tämä on Limuru, paikka, joka on noin 30 kilometriä Kenian puolelta Nairobista. Suuret piirteet tuottaa tuhansia maahanmuuttajia ja työttömiä, koska Kenia on suurin piirteet tekoälystä maailmanlaajuiselle markkinoille. Mutta keskustelua keskustelua keskustelua keskustelua keskustelua keskustelua keskustelua keskustelua

996.871 - 1021.238 Samuel Kariuki

Samuel Kariuki, who manages Gatoni Park Farm in Limuru, is concerned about operational costs. The freight charges and the shipment cost stuff will also be skyrocketing. So that would mean that we are able to export less of our tea. We are going to have another surplus of the tea because so many people and farmers will be producing tea, but you do not have a natural market to take it to.

1022.403 - 1038.957 Celia Hatton

According to East Africa Tea Trade Association, 8 million kilograms of tea has been stuck in warehouses in Kenya's port city of Mombasa for weeks, threatening export earnings and farmer incomes. George Omuga is the association's managing director.

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