{"id":270537,"date":"2019-04-23T05:08:12","date_gmt":"2019-04-23T05:08:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=270537"},"modified":"2019-04-23T05:08:12","modified_gmt":"2019-04-23T05:08:12","slug":"oil-leaps-to-6-month-high-as-us-vows-to-strangle-iran-exports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-leaps-to-6-month-high-as-us-vows-to-strangle-iran-exports\/","title":{"rendered":"Oil leaps to 6-month high as US vows to strangle Iran exports"},"content":{"rendered":"<p>NEW YORK: Crude leapt to its highest level in almost six months after the Trump administration said it will no longer give China, India and other major economies a pass on sanctions barring purchases of Iranian oil. <\/p>\n<p>Futures rose as much as 3.5 per cent Monday in London to top $74 a barrel. US Secretary of State Mike Pompeo said no more waivers will be issued on sanctions aimed at isolating the Islamic Republic. In response, Iran threatened to shut the Strait of Hormuz, a key maritime chokepoint for Persian Gulf crude producers, and said it\u2019s engaged in \u201cintensive\u201d talks with partners to blunt the impact of Trump\u2019s escalation. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Crude leapt to its highest level in almost six months after the Trump administration said it will no longer give China, India and other major economies a pass on sanctions barring purchases of Iranian oil. Futures rose as much as 3.5 per cent Monday in London to top $74 a barrel. US Secretary of State Mike Pompeo said no more waivers will be issued on sanctions aimed at isolating the Islamic Republic. In response, Iran threatened to shut the Strait of Hormuz, a key maritime chokepoint for Persian Gulf crude producers, and said it\u2019s engaged in \u201cintensive\u201d talks [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-270537","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=270537"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270537\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=270537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=270537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=270537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}