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Search results for "Unknown traders bet 760m on oil prices dropping minutes before Hormuz reopened"

People (6)

Fact-checks (15156)

Bill Nelson stated on April 15, 2012 in an op-ed in POLITICO:
At the same time gas prices have increased, "the share of the oil market controlled by speculators has more than doubled over the past 10 years."
By Katie Sanders• April 24, 2012
Sherrod Brown stated on March 23, 2012 in a news release:
Says excessive speculation is pushing up oil prices and a recent report estimates it "adds 56 cents to every gallon of gasoline siphoned from the pump."
By Peter Krouse• May 2, 2012
Chris Wright stated on March 12, 2026 in an interview with Fox News:
The U.S. produces “more oil than we can consume. We’re a net oil exporter.”
By Louis Jacobson• March 13, 2026
Jim Webb stated on February 03, 2011 in a committee hearing.:
The war in Iraq was a major factor in blowing "the top off the price of oil." 
By Jacob Geiger• February 14, 2011
Byron Donalds stated on April 12, 2026 in an interview on NBC's "Meet the Press":
The U.S. Navy was created "to free international waters from the Barbary pirates."
By Louis Jacobson, Zoe Weyand• April 14, 2026
George Voinovich stated on November 08, 2010 in a news release:
Says that the federal gas tax has not been raised since 1993.
By Stephen Koff• November 11, 2010
Instagram posts stated on July 18, 2024 in Instagram posts:
Financial advisory company Austin Private Wealth shorted 12 million shares of Trump Media July 12, the day before former President Donald Trump’s attempted assassination.
By Loreben Tuquero• July 25, 2024
Jeff Merkley stated on June 16, 2011 in a speech on the Senate floor:
Oil companies are able to sell oil that costs no more to produce today than it did one year ago.
By Charles Pope• June 4, 2011
Johnny Isakson stated on March 11, 2011 in a Twitter post:
"Since President Obama took office, gas prices have gone up 67 percent."
By Eric Stirgus• March 23, 2011
Ana Navarro stated on December 17, 2014 in an interview on CNN's "Anderson Cooper":
"A lot of what (Cuba’s) survival depends on is Venezuelan oil money, which is drying up."
By Jon Greenberg• December 18, 2014
Donald Trump stated on October 12, 2018 in a speech:
"All across Ohio, steel mills are reopening."
By Kyra Haas• October 24, 2018
Kamala Harris stated on October 28, 2023 in an interview with CBS News:
“Because of our economic policies we now are reducing inflation.”
By Louis Jacobson• November 3, 2023
Donald Trump stated on November 21, 2018 in a tweet:
Just before Thanksgiving, oil was $54 a barrel, down from $82. "Thank you to Saudi Arabia."
By Kyra Haas, Louis Jacobson• November 26, 2018
Jamie Radtke stated on January 27, 2011 in remarks to the Senate Tea Party caucus meeting.:
Federal Reserve policies have led to a 69 percent rise in corn prices, 44 percent rise in wheat prices and 15 percent spike in sugar prices over the last year.
By Jacob Geiger• February 4, 2011
Bobby Scott stated on January 09, 2015 in a news release.:
President Barack Obama’s policies "have resulted in gas prices being reduced from $3.07 per gallon when he was sworn in in 2009 to $2.30 today."
By Sean Gorman• January 18, 2015
Jeff Merkley stated on March 04, 2011 in a letter to President Barack Obama:
Tapping the Strategic Petroleum Reserve would immediately lower gasoline prices
By Charles Pope• March 12, 2011
Raphael Warnock stated on April 05, 2022 in a letter to President Joe Biden:
“While the initial increase in oil prices resulted in a near instantaneous increase in gas prices for consumers, the subsequent decrease in crude oil prices has failed to meaningfully provide relief for Georgia's families at the pump.”
By Louis Jacobson, Amy Sherman• April 20, 2022
Joe Biden stated on November 29, 2022 in a speech in Bay City, Mich.:
“Gas prices are down back to where they were before Russia invaded Ukraine.”
By Louis Jacobson• November 30, 2022
Facebook posts stated on March 14, 2022 in a Facebook post:
Comparing the price of oil and gas in June 2008 to March 2022 shows that oil companies are “price gouging.”
By Madison Czopek• March 17, 2022
Mike Dovilla stated on March 13, 2012 in a letter to the editor:
Says President Obama's decision to not issue a permit for the Keystone XL pipeline meant "we were denied the ability immediately to reduce prices at the pump."
By Tom Feran• April 17, 2012

Articles (5301)

Supporting Iranians, then threatening to end civilization: How Trump contradicts himself on war

By Amy Sherman• April 7, 2026

Not just oil: How the Strait of Hormuz blockage affects US consumers, from fertilizer to helium

By Louis Jacobson• April 6, 2026

Ask PolitiFact: What is the Strait of Hormuz and how does it affect oil prices?

By Louis Jacobson, Zoe Weyand• March 11, 2026

How the coronavirus shook the stock market, explained

By Bill McCarthy• March 10, 2020

Will you pay $500 more for gas this year because of the Iran war? Fact-checking Democrat Ed Markey

By Amy Sherman• March 26, 2026

Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes

By Madison Czopek, Ella Moore• June 23, 2025

Fact-checking Trump’s conclusion that Iran war was a ‘total’ US victory

By Louis Jacobson, Amy Sherman• April 8, 2026

Ask PolitiFact: What does the Iran war mean for US gasoline prices?

By Louis Jacobson• March 4, 2026

In uncertain times, fact-checkers are working with special urgency

By Louis Jacobson• April 2, 2026

Who to blame for the price at the pump? Tough to say

By Molly Moorhead• April 29, 2012

Who to blame for the price at the pump? Tough to say

By Molly Moorhead• April 30, 2012

How long will the Iran war last? See Trump’s timeline shift

By Amy Sherman, Zoe Weyand• March 30, 2026

Has the US ‘destroyed 100% of Iran’s military capability’? Fact-checking President Donald Trump

By Louis Jacobson• March 17, 2026

Why is the US selling stockpiled oil to China? We have answers

By Louis Jacobson• July 11, 2022

Fact-checking Trump: Did CNN publish a fake statement from Iran and commit a crime?

By Loreben Tuquero• April 10, 2026

Why are oil prices so high? And what can be done about it?

By Louis Jacobson• November 4, 2021

Fact-checking the July 27 news shows

By Lauren Carroll, Jon Greenberg, Aaron Sharockman• July 27, 2014

PunditFact fact-checks the July 27 news shows

By Lauren Carroll, Jon Greenberg, Aaron Sharockman• July 27, 2014

Joe Biden’s release of oil from the Strategic Petroleum Reserve: What you need to know

By Louis Jacobson• November 24, 2021

McCain energy claim low on fuel

By Wes Allison• April 16, 2008