The State Street SPDR S&P 500 ETF Trust (ARCA:SPY) has been accused of insider trading by Adam Schiff, who has demanded the White House release of its transaction reports. The news of the U.S. and Iran's impending nuclear deal led to a 2.5% surge in S.P 500 futures and a 6.6% drop in WTI crude shortly after the news broke, leading Schiff to demand that the administration release its transactions reports. Meanwhile, Iranian Parliament Speaker Mohammad Baqer Ghalibaf commented on the situation online, suggesting Iran is aware of the manipulation of the "paper oil" market.