Unverified Al Jazeera reports indicate Brent crude futures dipped nearly 1 percent on Wednesday after declining about 5 percent on each of the prior two days, reaching $78.22 per barrel. The reports link the moves to market reactions following alleged February 28 strikes and potential reopening of the Strait of Hormuz. Broader claims of a prior 50 percent price surge during conflict remain unconfirmed by additional sources.