{"id":273639,"date":"2019-05-10T05:48:33","date_gmt":"2019-05-10T05:48:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=273639"},"modified":"2019-05-10T05:48:33","modified_gmt":"2019-05-10T05:48:33","slug":"oil-slides-as-donald-trumps-tiff-with-china-offsets-tensions-over-iran","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slides-as-donald-trumps-tiff-with-china-offsets-tensions-over-iran\/","title":{"rendered":"Oil slides as Donald Trump&#8217;s tiff with China offsets tensions over Iran"},"content":{"rendered":"<p>Singapore: Oil dropped as flaring trade tensions between the world\u2019s two biggest economies overshadowed concerns over supply disruptions from Iran to Venezuela.<\/p>\n<p>Futures in New York fell as much as 1.1% as US President Donald Trump escalated his rhetoric against China, saying the Asian nation \u201cbroke the deal&#8221; he was negotiating with it. Beijing has warned it will retaliate if he follows through on a plan to raise tariffs. Crude is retreating after gaining 1.2% on Wednesday following a surprise drop in American inventories and Iran\u2019s threat to abandon a 2015 nuclear accord in response to Washington\u2019s sanctions.<\/p>\n<p>All that is raising uncertainty in the market, with unexpected disruptions due to turmoil in OPEC members such as Venezuela, Nigeria and Libya keeping investors on edge. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore: Oil dropped as flaring trade tensions between the world\u2019s two biggest economies overshadowed concerns over supply disruptions from Iran to Venezuela. Futures in New York fell as much as 1.1% as US President Donald Trump escalated his rhetoric against China, saying the Asian nation \u201cbroke the deal&#8221; he was negotiating with it. Beijing has warned it will retaliate if he follows through on a plan to raise tariffs. Crude is retreating after gaining 1.2% on Wednesday following a surprise drop in American inventories and Iran\u2019s threat to abandon a 2015 nuclear accord in response to Washington\u2019s sanctions. All that [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-273639","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273639","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=273639"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273639\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=273639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=273639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=273639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}