The tweet, from The Kobeissi Letter, reports that US oil prices have fallen below $100/barrel. This drop is attributed to an announcement by President Trump that the United States will be guiding ships through the Strait of Hormuz. An attached image, a chart of CFDs on WTI Crude Oil, visually supports the price drop, showing the current price at $99.98 and a daily decrease of $2.51 (-2.45%).
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Claims & verdicts
US oil prices have fallen below $100 per barrel.
MisleadingPresident Trump announced that the United States will be guiding ships through the Strait of Hormuz.
verified_falseA chart screenshot in the tweet shows that CFDs on WTI Crude Oil are currently priced at $99.98.
—A chart screenshot in the tweet shows that CFDs on WTI Crude Oil are down $2.51, representing a 2.45% decrease.
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❌ Sift Score: 37/100 (Deep verified) Full breakdown with sources: https://bullsift.ai/x/2051061108610351606