The Wrestler star has been spotted on the actor's arm at a handful of events recently and left Los Angeles club Bardot with West on Saturday after celebrating his birthday.
Caught outside by HollyScoop.com reporters keen to find out if new romance rumors are true, Wood said, "I think you can put two and two together. I won't confirm or deny it, but I don’t think I have to."
The actress was thought to have reconciled with ex-boyfriend Marilyn Manson after she confirmed the couple was back together in a magazine interview in April.
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