Trump officials ruling out Treasury oil futures trades for now - reports
Trump administration decides against using the Treasury Department to trade oil futures, citing limited market impact, Bloomberg reports. Reuters has not independently confirmed the news.
March 06, 2026
Shubham Kalia/Reuters
U.S. President Donald Trump returns to the White House, after Israel and the U.S. launched strikes on Iran, in Washington, D.C., U.S., March 1, 2026.
Nathan Howard/Reuters
The Trump administration is ruling out deploying the Treasury Department to trade oil futures for now, Bloomberg News reported on Friday, citing a person familiar with the matter.
Officials discussed getting the Treasury Department involved, but believe its ability to meaningfully affect the market is limited, the report said.
Reuters could not immediately verify the report.
-Shubham Kalia/Reuters
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