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the claim
The Iran conflict has caused global oil prices to spike.
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SUPPORTED
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Recorded sources
6 sources for · 0 against
Is it true that the Iran conflict has caused global oil prices to spike?
Yes. One peer-reviewed study reports that the US-Iran conflict raised average Brent crude prices by about 28 percent, with volatility also rising sharply. Several other papers state more generally that the Iran-related conflicts pushed world oil prices higher, though most do not quantify the spike.
Verdict: SUPPORTED · 6 sources for, 0 against · Last checked
Evidence for · 6
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Acobera, J. D. (2026). “Situational Analysis on the Effects of Rising Global Oil Prices on Jeepney Drivers amidst the U.S.-Iran War”. doi.org. https://doi.org/10.2139/ssrn.6789638
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More for · 5
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Relationship between uncertainty in the oil and stock markets before and after the shale gas revolution: Evidence from the OVX, VIX, and VKOSPI volatility indices. (n.d.). doi.org. https://doi.org/10.1371/journal.pone.0232508
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Impact of the Iran–Israel Conflict on the Indian Economy: A Commerce Perspective. (2026). doi.org. https://doi.org/10.36948/ijfmr.2026.v08i02.71607
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ANALISIS TEORI HUMAN ERROR INFLANTION PERSPEKTIF Al-MAQRIZI DALAM MENYIKAPI GEJOLAK EKONOMI GLOBAL AKIBAT KONFLIK AMERIKA SRIKAT-IRAN. (2026). doi.org. https://doi.org/10.36423/jumper.v8i1.2831
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Price and Volatility Effects of the US-Iran Conflict on Brent Crude Oil. (2026). doi.org. https://doi.org/10.54254/2753-8818/2026.dl33597
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Kangune, A. R. (2026). Impact of Iran–US Conflict on International Business with Special Reference to the Indian Market of Crude Oil. zenodo.org. https://doi.org/10.5281/zenodo.20474717
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