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Oil prices volatile as Trump talks up Iran negotiations

Fact-Check Results

“Oil prices remained volatile on Wednesday”
INSUFFICIENT EVIDENCE — No evidence found in archive to verify oil price volatility on Wednesday
“Brent crude rose to $101 a barrel at midday in the US before falling back to $98”
INSUFFICIENT EVIDENCE — No evidence found in archive to confirm Brent crude price movements
“Iranian media on Wednesday cited leaders criticising the US peace proposal”
INSUFFICIENT EVIDENCE — No evidence found in archive about Iranian leaders' statements on US peace proposals
“They presented their own terms for a ceasefire, including international recognition of Iran's 'sovereign right' to control the Strait of Hormuz”
INSUFFICIENT EVIDENCE — No evidence found in archive regarding Iran's demands about Strait of Hormuz
“White House press secretary Karoline Leavitt maintained that US attacks were working to convince the Iranian regime to negotiate”
INSUFFICIENT EVIDENCE — No evidence found in archive about Karoline Leavitt's statements on US attacks
“Failure to reach an agreement would be a result of the Iranian regime refusing 'to understand they have already been defeated'”
INSUFFICIENT EVIDENCE — No evidence found in archive about White House claims regarding Iranian defeat
“Iran has effectively blocked the Strait of Hormuz since the start of the war”
INSUFFICIENT EVIDENCE — No evidence found in archive to verify Iran's control of Strait of Hormuz
“Cutting off a waterway that usually sees about 20% of the world's oil and liquefied natural gas pass through each day”
INSUFFICIENT EVIDENCE — No evidence found in archive about Strait of Hormuz's oil traffic volume
“Philippine President Ferdinand Marcos declared a state of emergency in his country”
INSUFFICIENT EVIDENCE — No evidence found in archive about Philippine President Marcos' emergency declaration
“Shell's boss said oil shortages could hit Europe next month”
INSUFFICIENT EVIDENCE — No evidence found in archive about Shell executive's oil shortage warnings
“UK FTSE 100 was 1.4% higher after trading ended”
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“Australia's ASX 200 index was up by more 1.8%”
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“The US lifted sanctions on Iranian oil on Friday”
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“Japan's Nikkei 225 ended 2.8% up and South Korea's Kospi index rose 1.5%”
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“US main indexes closed higher with the Dow Jones up 0.6% and the Nasdaq 0.7% ahead”
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“Germany's Dax index rose 1.3% and in France, the Cac gained 1.1%”
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“Asia-Pacific stock exchanges closed higher on Wednesday”
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“Iran stated it would allow 'non-hostile vessels' to pass through the Strait of Hormuz if they coordinate with Iranian authorities”
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