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    "headline": "Oil Prices Surge 3.5% as US-Iran Hostilities Resume",
    "dek": "Oil prices jumped over 3.5% after the US and Iran resumed military strikes following weeks of diplomatic stalemate.",
    "prose": "Oil prices rose by more than 3.5% on Monday as the United States and Iran resumed military hostilities for the first time since late July. [^1]\n\nUS forces struck two Iranian launchers on Larak Island, located 660km east of Kharg Island, prompting Iran to strike two US bases in Jordan. [^2]\n\nThe US Central Command announced on Monday that it carried out limited and precise actions against the missile forces of the Islamic Revolutionary Guard Corps on Larak Island in the Strait of Hormuz. [^3]\n\nUS Vice President JD Vance stated that President Donald Trump was sending a message to Iran when he posted an AI-generated video that appeared to show the US military blowing up oil facilities on Iran's Kharg Island. [^4]\n\nPresident Donald Trump posted two AI-generated videos on Truth Social depicting a US strike on Iran's Kharg Island that did not actually occur. [^5]\n\nHamid Bovard, CEO of the National Iranian Oil Company, stated that conditions in Kharg Island are calm and oil operations have not stopped. [^6]\n\nIran responded by launching missiles at US military targets in Jordan and the United Arab Emirates. [^7]\n\nPresident Donald Trump posted a video generated by artificial intelligence showing an explosion of an oil storage tank and a tanker, claiming 'Harg Island was blown to pieces!!!' [^8]\n\nThere is no data to confirm the destruction of the oil facility on Harg Island, where 90% of the country's oil exports were processed before the war in February. [^9]\n\nHamid Bovard, the chief executive of the National Iranian Oil Company, denied on Monday that the US had destroyed oil facilities on Kharg Island. [^10]\n\nJD Vance added that he believes President Trump is sending a message to the Iranians through the social media post. [^11]\n\nJD Vance told reporters at a press conference that President Trump likes to switch it up on social media and would be the first to say he does not make announcements about military actions on social media. [^12]",
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      "thread_label": "National Iranian Oil Company",
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      "statement": "Oil prices rose by more than 3.5% on Monday as the United States and Iran resumed military hostilities for the first time since late July.",
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