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World & Business

Oil reportedly falls amid disputed Strait of Hormuz reopening claims

A post citing CNBC says a possible reopening hinges on easing U.S. military pressure and lifting the blockade on Iranian ports. It adds that Iranian sources disputed the reports as inaccurate.

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5 Sources, 8d ago, first seen 8d ago

TLDR

A September 22 post citing CNBC says oil prices fell after reports suggested Iran could reopen the Strait of Hormuz within seven days if U.S. military pressure eases and the blockade on Iranian ports is lifted. The same account says Iranian sources disputed those reports as inaccurate.

Combined views

311.5K

5 Sources, first seen 8d ago

2.6K likes143 comments92 saves463 reposts
Featured Source

Combined views

311.5K

5 Sources, first seen 8d ago

2.6K likes143 comments92 saves463 reposts

Sentiment

Positive2.2%97.8%Negative

Summary

Many accounts dismissed reports of Iran reopening the Strait of Hormuz through US negotiations as dangerous nonsense that rewards a hostile regime and risks more conflict.

Based on 60 sentiment-bearing replies from 59 accounts across 4 conversations.

Sentiment

Positive2.2%97.8%Negative

Summary

Many accounts dismissed reports of Iran reopening the Strait of Hormuz through US negotiations as dangerous nonsense that rewards a hostile regime and risks more conflict.

Based on 60 sentiment-bearing replies from 59 accounts across 4 conversations.

5 Sources

@DeItaoneHORMUZ TALKS RUMORS SEND OIL LOWER Oil prices fell after reports suggested Iran could reopen the Strait of Hormuz within seven days if U.S. military pressure eases and the blockade on Iranian ports is lifted. However, Iranian sources have disputed the reports, calling them inaccurate. The move follows another roughly 3% oil drop during diplomatic activity on Monday, when Brent approached $100 a barrel.
@FirstSquawkRumors of Negotiations Pull Oil Prices Down The simultaneous publication of positive news regarding Iran-US negotiations and the potential reopening of the Strait of Hormuz once again impacted the oil market and drove prices down. Most recently, Kyodo and Reuters, citing Iranian sources, claimed that Tehran is prepared to reopen the Strait of Hormuz within 7 days if US military pressure is reduced and port blockades are lifted—a report that was accompanied by a drop in oil prices. However, Iranian sources have declared these reports to be invalid and incorrect. This occurred as oil prices dropped by about 3% yesterday, coinciding with a Pakistani official's visit to Tehran, bringing Brent down to the $100 range. The repetition of this trend—from the release of positive negotiation news alongside diplomatic maneuvers to the drop in oil prices—has turned into a recurring scenario. Under such circumstances, Iranian officials must remain vigilant and cautious regarding the consequences of publishing these narratives and their impact on the oil market.
@Osint613Oil prices fell on reports that Iran could reopen the Strait of Hormuz within seven days if U.S. military pressure eases and the blockade on Iranian ports is lifted. Iranian sources have disputed the reports as inaccurate. CNBC
@intelFromBrianOil prices have decreased around 3% today to $97 due to reports of East-West pipeline restating in Saudi Arabia, as well as the false report in Reuters about Iran willing to reopen the Strait of Hormuz in 7 days.
@RapidResponse47.@SecRubio: "The majority of the increase you've seen in oil prices over the last couple of weeks, it has stabilized now, has to do with the Black Sea — Ukraine and Russia — and Yemen — the Houthis."
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    5 Sources

    @DeItaoneHORMUZ TALKS RUMORS SEND OIL LOWER Oil prices fell after reports suggested Iran could reopen the Strait of Hormuz within seven days if U.S. military pressure eases and the blockade on Iranian ports is lifted. However, Iranian sources have disputed the reports, calling them inaccurate. The move follows another roughly 3% oil drop during diplomatic activity on Monday, when Brent approached $100 a barrel.
    @FirstSquawkRumors of Negotiations Pull Oil Prices Down The simultaneous publication of positive news regarding Iran-US negotiations and the potential reopening of the Strait of Hormuz once again impacted the oil market and drove prices down. Most recently, Kyodo and Reuters, citing Iranian sources, claimed that Tehran is prepared to reopen the Strait of Hormuz within 7 days if US military pressure is reduced and port blockades are lifted—a report that was accompanied by a drop in oil prices. However, Iranian sources have declared these reports to be invalid and incorrect. This occurred as oil prices dropped by about 3% yesterday, coinciding with a Pakistani official's visit to Tehran, bringing Brent down to the $100 range. The repetition of this trend—from the release of positive negotiation news alongside diplomatic maneuvers to the drop in oil prices—has turned into a recurring scenario. Under such circumstances, Iranian officials must remain vigilant and cautious regarding the consequences of publishing these narratives and their impact on the oil market.
    @Osint613Oil prices fell on reports that Iran could reopen the Strait of Hormuz within seven days if U.S. military pressure eases and the blockade on Iranian ports is lifted. Iranian sources have disputed the reports as inaccurate. CNBC
    @intelFromBrianOil prices have decreased around 3% today to $97 due to reports of East-West pipeline restating in Saudi Arabia, as well as the false report in Reuters about Iran willing to reopen the Strait of Hormuz in 7 days.
    @RapidResponse47.@SecRubio: "The majority of the increase you've seen in oil prices over the last couple of weeks, it has stabilized now, has to do with the Black Sea — Ukraine and Russia — and Yemen — the Houthis."
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