Home - CBSNews.com | Justice Department investigating oil market trading, sources say AI generated summary, Read the full article for complete information. The Justice Department is probing suspicious oil‑market trades that were timed to price swings, a development disclosed by two sources after Reuters and ABC News reported that the U.S. Commodity Futures Trading Commission was also investigating the activity. The probe comes amid heightened volatility in the oil market caused by Iran’s shutdown of the strategic Strait of Hormuz, which has pushed gasoline prices higher, with the national average hitting $4.51 per gallon, according to AAA. Read more: https://www.cbsnews.com/news/oil-market-trading-investigation-justice-department/ #CFTC #ABCNews #AAA #Iran #Tehran #