Axios' Barak Ravid pushes back on Iran media claims that he reported a US/Iran deal was imminent and that he profited from market volatility
This pushback from Axios may indicate attempts by Iranian media to manipulate market sentiment amidst ongoing tensions.
Foreign Ministry Spokesperson says negotiations will continue in a new format; we are not entering into nuclear issues at this time, Nour News
Several explosions heard near Bandar Abbas, Iran; A few minutes ago, the people of Bandar Abbas heard several explosion-like sounds from around the city, Fars reports
Axios' Barak Ravid pushes back on Iran media claims that he reported a US/Iran deal was imminent and that he profited from market volatility
CRUDE WRAP: WTI (M6) SETTLES USD 0.28 LOWER AT USD 94.81/BBL; BRENT (N6) SETTLES USD 1.21 LOWER AT USD 100.06/BBL
Fed's Hammack (2026 voter, hawk, statement dissenter) says she hears concerns among businesses that an inflationary mindset is starting to become entrenched in people's minds
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"This is a Lie! Axios didn't report even onece over the last three weeks that a deal was "imminent". The Iranian regime, its state TV and its Bots and influence accounts on social media are pushing this lie. It's a regime propaganda campaign. Don't fall for it or amplify it"
Any perceived misinformation regarding a US/Iran deal can lead to volatility in oil markets, particularly impacting WTI prices, as traders react to geopolitical narratives rather than fundamentals. Market participants should remain cautious of potential propaganda influencing price movements.
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